FRT vs YHGJ: Correlation
Federal Realty Investment Trust (FRT) and Yunhong Green CTI Ltd. (YHGJ) show a negative relationship: their 3-year correlation of weekly returns is -0.26.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FRT and YHGJ?
Over the past 3 years, FRT and YHGJ moved with a correlation of -0.26, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.16 lands near the 3-year figure. Over 5 years the correlation is -0.10, and the annualized covariance of weekly returns is -461.4 %².
YHGJ is close to the least connected end of FRT's tracked universe, ranking #44 of 46. The last year tells two different stories: FRT led by 66.5 percentage points, +21.6% for FRT against -44.9% for YHGJ. One caveat on sizing: YHGJ is 4.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 YHGJ: side by side
| FRT (Federal Realty Investment Trust) | YHGJ (Yunhong Green CTI Ltd.) | |
|---|---|---|
| 1-year return | +21.6% | -44.9% |
| 5-year return | +18.8% | -85.6% |
| Volatility (ann.) | 19.5% | 90.5% |
| Beta vs S&P 500 | 0.53 | -0.69 |
| Max drawdown (3Y) | -27.4% | -91.7% |
| Market cap | $10.2B | – |
| P/E (trailing) | 23.6 | – |
| Dividend yield | 3.84% | 0.00% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | FRT | YHGJ |
|---|---|---|
| 2022 | -22.7% | -12.6% |
| 2023 | +6.6% | +105.8% |
| 2024 | +12.1% | -74.3% |
| 2025 | -5.9% | -34.0% |
| 2026 | +19.7% | -19.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FRT and YHGJ good diversifiers for each other?
Yes. With a correlation of -0.26, FRT and YHGJ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between FRT and YHGJ?
The FRT/YHGJ correlation stands at -0.26 on a 3-year window (1 year: -0.16, 5 years: -0.10), computed from weekly returns as of 2026-08-27.
Is YHGJ a good diversifier for FRT?
Yes. With a correlation of -0.26, FRT and YHGJ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.26 mean?
A reading of -0.26 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-yhgj.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/frt-vs-yhgj/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FRT correlations · YHGJ correlations
