FRT vs IVT: Correlation
Federal Realty Investment Trust (FRT) and InvenTrust Properties Corp. (IVT) show a strong relationship: their 3-year correlation of weekly returns is 0.71.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FRT and IVT?
On 3 years of weekly data the FRT/IVT correlation comes out at 0.71, strong. Recent behaviour matches the longer record: 0.74 over 1 year against 0.71 over 3. The 5-year figure is 0.05, and annualized covariance runs at 251.8 %².
Among the 46 assets we track against FRT, IVT ranks #16 by 3-year correlation. Over the last 12 months FRT came out ahead by 8.1 percentage points (+21.6% against +13.5%).
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.
FRT vs IVT: side by side
| FRT (Federal Realty Investment Trust) | IVT (InvenTrust Properties Corp.) | |
|---|---|---|
| 1-year return | +21.6% | +13.5% |
| 5-year return | +18.8% | +2915.1% |
| Volatility (ann.) | 19.5% | 18.1% |
| Beta vs S&P 500 | 0.53 | 0.34 |
| Max drawdown (3Y) | -27.4% | -15.7% |
| Market cap | $10.2B | $2.5B |
| P/E (trailing) | 23.6 | 171.8 |
| Dividend yield | 3.84% | 2.98% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | FRT | IVT |
|---|---|---|
| 2022 | -22.7% | -10.3% |
| 2023 | +6.6% | +11.0% |
| 2024 | +12.1% | +23.0% |
| 2025 | -5.9% | -3.2% |
| 2026 | +19.7% | +17.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FRT and IVT good diversifiers for each other?
To a limited degree. At 0.71 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between FRT and IVT?
As of 2026-08-27, the correlation of weekly returns between FRT and IVT is 0.71 over 3 years, 0.74 over 1 year and 0.05 over 5 years.
Is IVT a good diversifier for FRT?
To a limited degree. At 0.71 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.71 mean?
On the −1 to +1 scale, 0.71 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
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Related comparisons
Hubs: FRT correlations · IVT correlations
