JRS vs REG: Correlation
Measured on weekly returns over the past three years, Nuveen Real Estate Income Fund (JRS) and Regency Centers (REG) carry a correlation of 0.70, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JRS and REG?
On 3 years of weekly data the JRS/REG correlation comes out at 0.70, strong. Little has changed lately, as the 1-year reading of 0.68 lands near the 3-year figure. The 5-year figure is 0.73, and annualized covariance runs at 264.1 %².
Among the 49 assets we track against JRS, REG ranks #20 by 3-year correlation. On 12-month performance JRS holds a 6.0-point edge, +14.4% against +8.4%.
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.
JRS vs REG: side by side
| JRS (Nuveen Real Estate Income Fund) | REG (Regency Centers) | |
|---|---|---|
| 1-year return | +14.4% | +8.4% |
| 5-year return | +13.5% | +35.2% |
| Volatility (ann.) | 21.1% | 17.8% |
| Beta vs S&P 500 | 0.79 | 0.34 |
| Max drawdown (3Y) | -25.3% | -15.1% |
| Market cap | – | $14.1B |
| P/E (trailing) | – | 25.5 |
| Dividend yield | 8.00% | 3.89% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | JRS | REG |
|---|---|---|
| 2022 | -35.6% | -13.6% |
| 2023 | +13.4% | +11.9% |
| 2024 | +19.7% | +14.9% |
| 2025 | -3.4% | -2.8% |
| 2026 | +15.2% | +11.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JRS and REG good diversifiers for each other?
Somewhat, no more. With 0.70 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between JRS and REG?
As of 2026-08-27, the correlation of weekly returns between JRS and REG is 0.70 over 3 years, 0.68 over 1 year and 0.73 over 5 years.
Is REG a good diversifier for JRS?
Somewhat, no more. With 0.70 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.70 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
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Related comparisons
Hubs: JRS correlations · REG correlations
