FBRT vs LADR: Correlation
Franklin BSP Realty Trust, Inc. (FBRT) and Ladder Capital Corp (LADR) show a strong relationship: their 3-year correlation of weekly returns is 0.65.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FBRT and LADR?
On 3 years of weekly data the FBRT/LADR correlation comes out at 0.65, strong. The link has loosened recently: the 1-year correlation (0.37) runs below the 3-year figure (0.65). The 5-year figure is 0.63, and annualized covariance runs at 280.7 %².
Among the 15 assets we track against FBRT, LADR ranks #4 by 3-year correlation. The trailing year gives LADR the advantage: -17.1% versus -6.7%, a 10.4-point spread.
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.
FBRT vs LADR: side by side
| FBRT (Franklin BSP Realty Trust, Inc.) | LADR (Ladder Capital Corp) | |
|---|---|---|
| 1-year return | -17.1% | -6.7% |
| 5-year return | -17.6% | +32.1% |
| Volatility (ann.) | 22.5% | 19.1% |
| Beta vs S&P 500 | 0.59 | 0.50 |
| Max drawdown (3Y) | -33.7% | -15.3% |
| Market cap | $0.7B | $1.2B |
| P/E (trailing) | 19.5 | 23.4 |
| Dividend yield | 13.14% | 9.33% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FBRT | LADR |
|---|---|---|
| 2022 | -3.9% | -9.0% |
| 2023 | +16.6% | +25.2% |
| 2024 | +3.7% | +5.5% |
| 2025 | -9.2% | +6.7% |
| 2026 | -12.3% | -6.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FBRT and LADR good diversifiers for each other?
Somewhat, no more. With 0.65 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between FBRT and LADR?
Using weekly returns as of 2026-08-27: 0.65 over 3 years, with 0.37 over the last year and 0.63 over 5 years.
Is LADR a good diversifier for FBRT?
Somewhat, no more. With 0.65 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.65 mean?
A reading of 0.65 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/fbrt-vs-ladr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fbrt-vs-ladr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FBRT correlations · LADR correlations
