IVT vs KRG: Correlation
How closely do InvenTrust Properties Corp. (IVT) and Kite Realty Group Trust (KRG) trade together? Their weekly returns over three years give a correlation of 0.74, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IVT and KRG?
On 3 years of weekly data the IVT/KRG correlation comes out at 0.74, strong. The relationship has been stable: the 1-year correlation (0.76) sits close to the 3-year figure. The 5-year figure is 0.05, and annualized covariance runs at 290.4 %².
Within IVT's tracked universe of 11 assets, KRG comes in at #4 by 3-year correlation. Over the last 12 months KRG came out ahead by 7.2 percentage points (+13.5% against +20.7%).
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.
IVT vs KRG: side by side
| IVT (InvenTrust Properties Corp.) | KRG (Kite Realty Group Trust) | |
|---|---|---|
| 1-year return | +13.5% | +20.7% |
| 5-year return | +2915.1% | +61.5% |
| Volatility (ann.) | 18.1% | 21.6% |
| Beta vs S&P 500 | 0.34 | 0.58 |
| Max drawdown (3Y) | -15.7% | -29.1% |
| Market cap | $2.5B | $5.3B |
| P/E (trailing) | 171.8 | 16.5 |
| Dividend yield | 2.98% | 4.34% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IVT | KRG |
|---|---|---|
| 2022 | -10.3% | +0.8% |
| 2023 | +11.0% | +13.6% |
| 2024 | +23.0% | +15.5% |
| 2025 | -3.2% | -0.2% |
| 2026 | +17.5% | +12.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IVT and KRG good diversifiers for each other?
Only partially. A correlation of 0.74 means IVT and KRG 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 IVT and KRG?
The IVT/KRG correlation stands at 0.74 on a 3-year window (1 year: 0.76, 5 years: 0.05), computed from weekly returns as of 2026-08-27.
Is KRG a good diversifier for IVT?
Only partially. A correlation of 0.74 means IVT and KRG share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.74 mean?
On the −1 to +1 scale, 0.74 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
$ curl https://www.pairbook.io/api/v1/pairs/ivt-vs-krg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ivt-vs-krg/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: IVT correlations · KRG correlations
