CBRE vs MMI: Correlation
How closely do CBRE Group (CBRE) and Marcus & Millichap, Inc. (MMI) trade together? Their weekly returns over three years give a correlation of 0.72, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CBRE and MMI?
On 3 years of weekly data the CBRE/MMI correlation comes out at 0.72, strong. Little has changed lately, as the 1-year reading of 0.64 lands near the 3-year figure. The 5-year figure is 0.71, and annualized covariance runs at 691.7 %².
By 3-year correlation, MMI places #5 of the 41 assets tracked against CBRE. The trailing year gives MMI the advantage: -9.7% versus -1.3%, a 8.4-point spread.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
CBRE vs MMI: side by side
| CBRE (CBRE Group) | MMI (Marcus & Millichap, Inc.) | |
|---|---|---|
| 1-year return | -9.7% | -1.3% |
| 5-year return | +53.3% | -11.7% |
| Volatility (ann.) | 30.4% | 31.5% |
| Beta vs S&P 500 | 1.04 | 0.84 |
| Max drawdown (3Y) | -27.4% | -41.7% |
| Market cap | $42.6B | $1.2B |
| P/E (trailing) | 34.4 | 85.9 |
| Dividend yield | 0.00% | 1.55% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | CBRE | MMI |
|---|---|---|
| 2022 | -29.1% | -30.8% |
| 2023 | +21.0% | +28.8% |
| 2024 | +41.0% | -11.2% |
| 2025 | +22.5% | -27.6% |
| 2026 | -8.4% | +17.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CBRE and MMI good diversifiers for each other?
Only partially. A correlation of 0.72 means CBRE and MMI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between CBRE and MMI?
The CBRE/MMI correlation stands at 0.72 on a 3-year window (1 year: 0.64, 5 years: 0.71), computed from weekly returns as of 2026-08-27.
Is MMI a good diversifier for CBRE?
Only partially. A correlation of 0.72 means CBRE and MMI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.72 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cbre-vs-mmi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cbre-vs-mmi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CBRE correlations · MMI correlations
