CBRE vs SOLV: Correlation
Measured on weekly returns over the past three years, CBRE Group (CBRE) and Solventum (SOLV) carry a correlation of 0.53, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CBRE and SOLV?
Over the past 3 years, CBRE and SOLV moved with a correlation of 0.53, which is moderate. Recent behaviour matches the longer record: 0.48 over 1 year against 0.53 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 475.7 %².
By 3-year correlation, SOLV places #24 of the 41 assets tracked against CBRE. Correlation aside, the last 12 months split them widely, with SOLV ahead by 34.4 points (-9.7% versus +24.7%). On a rolling one-year basis the correlation drifted between 0.41 and 0.71, a moderate band.
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 SOLV: side by side
| CBRE (CBRE Group) | SOLV (Solventum) | |
|---|---|---|
| 1-year return | -9.7% | +24.7% |
| 5-year return | +53.3% | n/a |
| Volatility (ann.) | 30.4% | 30.4% |
| Beta vs S&P 500 | 1.04 | 0.62 |
| Max drawdown (3Y) | -27.4% | -40.0% |
| Market cap | $42.6B | $15.5B |
| P/E (trailing) | 34.4 | 11.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Real Estate | Health Care |
Year-by-year returns
| Year | CBRE | SOLV |
|---|---|---|
| 2022 | -29.1% | – |
| 2023 | +21.0% | – |
| 2024 | +41.0% | – |
| 2025 | +22.5% | +20.0% |
| 2026 | -8.4% | +14.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CBRE and SOLV good diversifiers for each other?
Only partially. A correlation of 0.53 means CBRE and SOLV 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 SOLV?
Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.48 over the last year and n/a over 5 years.
Is SOLV a good diversifier for CBRE?
Only partially. A correlation of 0.53 means CBRE and SOLV share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.53 mean?
On the −1 to +1 scale, 0.53 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cbre-vs-solv.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cbre-vs-solv/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CBRE correlations · SOLV correlations
