CUZ vs FRT: Correlation
Cousins Properties Incorporated (CUZ) and Federal Realty Investment Trust (FRT) show a strong relationship: their 3-year correlation of weekly returns is 0.72.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CUZ and FRT?
Across a 3-year window, the weekly returns of CUZ and FRT correlate at 0.72, strong. The relationship has been stable: the 1-year correlation (0.65) sits close to the 3-year figure. Stretching to 5 years gives 0.72, with an annualized covariance of 385.7 %².
By 3-year correlation, FRT places #6 of the 19 assets tracked against CUZ. On 12-month performance FRT holds a 14.6-point edge, +7.0% against +21.6%.
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.
CUZ vs FRT: side by side
| CUZ (Cousins Properties Incorporated) | FRT (Federal Realty Investment Trust) | |
|---|---|---|
| 1-year return | +7.0% | +21.6% |
| 5-year return | -3.8% | +18.8% |
| Volatility (ann.) | 27.6% | 19.5% |
| Beta vs S&P 500 | 0.82 | 0.53 |
| Max drawdown (3Y) | -29.4% | -27.4% |
| Market cap | $4.9B | $10.2B |
| P/E (trailing) | 737.2 | 23.6 |
| Dividend yield | 4.32% | 3.84% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | CUZ | FRT |
|---|---|---|
| 2022 | -34.7% | -22.7% |
| 2023 | +2.0% | +6.6% |
| 2024 | +32.6% | +12.1% |
| 2025 | -12.1% | -5.9% |
| 2026 | +18.7% | +19.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CUZ and FRT good diversifiers for each other?
Somewhat, no more. With 0.72 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CUZ and FRT?
As of 2026-08-27, the correlation of weekly returns between CUZ and FRT is 0.72 over 3 years, 0.65 over 1 year and 0.72 over 5 years.
Is FRT a good diversifier for CUZ?
Somewhat, no more. With 0.72 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.72 mean?
On the −1 to +1 scale, 0.72 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/cuz-vs-frt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cuz-vs-frt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CUZ correlations · FRT correlations
