CIGI vs JLL: Correlation
Measured on weekly returns over the past three years, Colliers International Group Inc. - Subordinate Voting (CIGI) and Jones Lang LaSalle Incorporated (JLL) carry a correlation of 0.75, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CIGI and JLL?
Over the past 3 years, CIGI and JLL moved with a correlation of 0.75, which is strong. Recent behaviour matches the longer record: 0.72 over 1 year against 0.75 over 3. Over 5 years the correlation is 0.74, and the annualized covariance of weekly returns is 797.7 %².
In CIGI's tracked universe of 14 assets, JLL sits right near the top at #3. Correlation aside, the last 12 months split them widely, with JLL ahead by 61.7 points (-37.9% versus +23.8%).
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.
CIGI vs JLL: side by side
| CIGI (Colliers International Group Inc. - Subordinate Voting) | JLL (Jones Lang LaSalle Incorporated) | |
|---|---|---|
| 1-year return | -37.9% | +23.8% |
| 5-year return | -24.2% | +55.9% |
| Volatility (ann.) | 30.6% | 34.9% |
| Beta vs S&P 500 | 0.98 | 1.30 |
| Max drawdown (3Y) | -47.5% | -30.6% |
| Market cap | $5.3B | $17.4B |
| P/E (trailing) | 48.8 | 18.5 |
| Dividend yield | 0.29% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CIGI | JLL |
|---|---|---|
| 2022 | -37.9% | -40.8% |
| 2023 | +37.8% | +18.5% |
| 2024 | +7.7% | +34.0% |
| 2025 | +8.4% | +32.9% |
| 2026 | -29.8% | +12.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CIGI and JLL good diversifiers for each other?
Somewhat, no more. With 0.75 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CIGI and JLL?
The CIGI/JLL correlation stands at 0.75 on a 3-year window (1 year: 0.72, 5 years: 0.74), computed from weekly returns as of 2026-08-27.
Is JLL a good diversifier for CIGI?
Somewhat, no more. With 0.75 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.75 mean?
On the −1 to +1 scale, 0.75 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.
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Related comparisons
Hubs: CIGI correlations · JLL correlations
