FAF vs JLL: Correlation
How closely do First American Corporation (New) (FAF) and Jones Lang LaSalle Incorporated (JLL) trade together? Their weekly returns over three years give a correlation of 0.60, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FAF and JLL?
Across a 3-year window, the weekly returns of FAF and JLL correlate at 0.60, strong. Lately the two have drifted apart, with the 1-year correlation at 0.30 versus 0.60 over 3 years. Stretching to 5 years gives 0.57, with an annualized covariance of 537.9 %².
Among the 11 assets we track against FAF, JLL ranks #5 by 3-year correlation. Over the last 12 months JLL came out ahead by 8.1 percentage points (+15.7% against +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.
FAF vs JLL: side by side
| FAF (First American Corporation (New)) | JLL (Jones Lang LaSalle Incorporated) | |
|---|---|---|
| 1-year return | +15.7% | +23.8% |
| 5-year return | +24.3% | +55.9% |
| Volatility (ann.) | 25.7% | 34.9% |
| Beta vs S&P 500 | 0.72 | 1.30 |
| Max drawdown (3Y) | -22.1% | -30.6% |
| Market cap | $7.6B | $17.4B |
| P/E (trailing) | 10.2 | 18.5 |
| Dividend yield | 2.99% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FAF | JLL |
|---|---|---|
| 2022 | -30.6% | -40.8% |
| 2023 | +27.7% | +18.5% |
| 2024 | +0.4% | +34.0% |
| 2025 | +1.9% | +32.9% |
| 2026 | +23.3% | +12.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FAF and JLL good diversifiers for each other?
Only partially. A correlation of 0.60 means FAF and JLL 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 FAF and JLL?
Using weekly returns as of 2026-08-27: 0.60 over 3 years, with 0.30 over the last year and 0.57 over 5 years.
Is JLL a good diversifier for FAF?
Only partially. A correlation of 0.60 means FAF and JLL share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.60 mean?
On the −1 to +1 scale, 0.60 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: FAF correlations · JLL correlations