FRT vs PG: Correlation
Federal Realty Investment Trust (FRT) and Procter & Gamble (PG) show a moderate relationship: their 3-year correlation of weekly returns is 0.43.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FRT and PG?
Over the past 3 years, FRT and PG moved with a correlation of 0.43, which is moderate. The relationship has been stable: the 1-year correlation (0.40) sits close to the 3-year figure. Over 5 years the correlation is 0.43, and the annualized covariance of weekly returns is 128.4 %².
Within FRT's tracked universe of 46 assets, PG comes in at #32 by 3-year correlation. Correlation aside, the last 12 months split them widely, with FRT ahead by 27.7 points (+21.6% versus -6.1%). Across three years, the rolling one-year figure varied moderately, from 0.19 to 0.60.
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 PG: side by side
| FRT (Federal Realty Investment Trust) | PG (Procter & Gamble) | |
|---|---|---|
| 1-year return | +21.6% | -6.1% |
| 5-year return | +18.8% | +13.9% |
| Volatility (ann.) | 19.5% | 15.3% |
| Beta vs S&P 500 | 0.53 | 0.19 |
| Max drawdown (3Y) | -27.4% | -21.2% |
| Market cap | $10.2B | $332.7B |
| P/E (trailing) | 23.6 | 21.9 |
| Dividend yield | 3.84% | 2.94% |
| Sector / category | Real Estate | Consumer Staples |
Year-by-year returns
| Year | FRT | PG |
|---|---|---|
| 2022 | -22.7% | -5.0% |
| 2023 | +6.6% | -0.9% |
| 2024 | +12.1% | +17.3% |
| 2025 | -5.9% | -12.3% |
| 2026 | +19.7% | +2.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FRT and PG good diversifiers for each other?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between FRT and PG?
Using weekly returns as of 2026-08-27: 0.43 over 3 years, with 0.40 over the last year and 0.43 over 5 years.
Is PG a good diversifier for FRT?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.43 mean?
A reading of 0.43 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/frt-vs-pg.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/frt-vs-pg/)
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Related comparisons
Hubs: FRT correlations · PG correlations
