EGP vs PLD: Correlation
EastGroup Properties, Inc. (EGP) and Prologis (PLD) show a very strong relationship: their 3-year correlation of weekly returns is 0.85.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EGP and PLD?
On 3 years of weekly data the EGP/PLD correlation comes out at 0.85, very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.86 lands near the 3-year figure. The 5-year figure is 0.86, and annualized covariance runs at 424.5 %².
In EGP's tracked universe of 15 assets, PLD sits right near the top at #2. On 12-month performance PLD holds a 7.4-point edge, +22.6% against +30.0%.
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.
EGP vs PLD: side by side
| EGP (EastGroup Properties, Inc.) | PLD (Prologis) | |
|---|---|---|
| 1-year return | +22.6% | +30.0% |
| 5-year return | +29.6% | +22.5% |
| Volatility (ann.) | 19.2% | 25.8% |
| Beta vs S&P 500 | 0.58 | 0.90 |
| Max drawdown (3Y) | -22.4% | -31.4% |
| Market cap | $10.8B | $137.9B |
| P/E (trailing) | 35.3 | 31.7 |
| Dividend yield | 3.19% | 2.92% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | EGP | PLD |
|---|---|---|
| 2022 | -33.1% | -31.3% |
| 2023 | +27.7% | +21.6% |
| 2024 | -9.8% | -18.1% |
| 2025 | +14.9% | +25.1% |
| 2026 | +14.1% | +12.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EGP and PLD good diversifiers for each other?
Not really. At 0.85, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between EGP and PLD?
The EGP/PLD correlation stands at 0.85 on a 3-year window (1 year: 0.86, 5 years: 0.86), computed from weekly returns as of 2026-08-27.
Is PLD a good diversifier for EGP?
Not really. At 0.85, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.85 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/egp-vs-pld.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/egp-vs-pld/)
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Related comparisons
Hubs: EGP correlations · PLD correlations
