CDP vs CUZ: Correlation
Measured on weekly returns over the past three years, COPT Defense Properties (CDP) and Cousins Properties Incorporated (CUZ) carry a correlation of 0.66, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CDP and CUZ?
On 3 years of weekly data the CDP/CUZ correlation comes out at 0.66, strong. Little has changed lately, as the 1-year reading of 0.60 lands near the 3-year figure. The 5-year figure is 0.71, and annualized covariance runs at 367.3 %².
CUZ is one of the assets that tracks CDP most closely: it ranks #1 out of the 11 assets we track against CDP. The last year tells two different stories: CDP led by 27.4 percentage points, +34.4% for CDP against +7.0% for CUZ.
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.
CDP vs CUZ: side by side
| CDP (COPT Defense Properties) | CUZ (Cousins Properties Incorporated) | |
|---|---|---|
| 1-year return | +34.4% | +7.0% |
| 5-year return | +64.2% | -3.8% |
| Volatility (ann.) | 20.1% | 27.6% |
| Beta vs S&P 500 | 0.32 | 0.82 |
| Max drawdown (3Y) | -23.7% | -29.4% |
| Market cap | $4.3B | $4.9B |
| P/E (trailing) | 25.9 | 737.2 |
| Dividend yield | 3.35% | 4.32% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CDP | CUZ |
|---|---|---|
| 2022 | -3.3% | -34.7% |
| 2023 | +3.7% | +2.0% |
| 2024 | +26.2% | +32.6% |
| 2025 | -6.2% | -12.1% |
| 2026 | +36.7% | +18.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CDP and CUZ good diversifiers for each other?
To a limited degree. At 0.66 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between CDP and CUZ?
As of 2026-08-27, the correlation of weekly returns between CDP and CUZ is 0.66 over 3 years, 0.60 over 1 year and 0.71 over 5 years.
Is CUZ a good diversifier for CDP?
To a limited degree. At 0.66 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.66 mean?
On the −1 to +1 scale, 0.66 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/cdp-vs-cuz.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cdp-vs-cuz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CDP correlations · CUZ correlations
