KRG vs SITC: Correlation
How closely do Kite Realty Group Trust (KRG) and SITE Centers Corp. (SITC) trade together? Their weekly returns over three years give a correlation of 0.56, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KRG and SITC?
Across a 3-year window, the weekly returns of KRG and SITC correlate at 0.56, moderate. Recent behaviour matches the longer record: 0.55 over 1 year against 0.56 over 3. Stretching to 5 years gives 0.71, with an annualized covariance of 301.8 %².
Among the 21 assets we track against KRG, SITC ranks #13 by 3-year correlation. The last year tells two different stories: KRG led by 63.9 percentage points, +20.7% for KRG against -43.2% for SITC.
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.
KRG vs SITC: side by side
| KRG (Kite Realty Group Trust) | SITC (SITE Centers Corp.) | |
|---|---|---|
| 1-year return | +20.7% | -43.2% |
| 5-year return | +61.5% | -37.3% |
| Volatility (ann.) | 21.6% | 24.9% |
| Beta vs S&P 500 | 0.58 | 0.73 |
| Max drawdown (3Y) | -29.1% | -59.0% |
| Market cap | $5.3B | $0.2B |
| P/E (trailing) | 16.5 | 1.2 |
| Dividend yield | 4.34% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KRG | SITC |
|---|---|---|
| 2022 | +0.8% | -2.2% |
| 2023 | +13.6% | +19.2% |
| 2024 | +15.5% | +0.2% |
| 2025 | -0.2% | -15.1% |
| 2026 | +12.9% | -39.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KRG and SITC good diversifiers for each other?
Only partially. A correlation of 0.56 means KRG and SITC 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 KRG and SITC?
The KRG/SITC correlation stands at 0.56 on a 3-year window (1 year: 0.55, 5 years: 0.71), computed from weekly returns as of 2026-08-27.
Is SITC a good diversifier for KRG?
Only partially. A correlation of 0.56 means KRG and SITC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.56 mean?
A reading of 0.56 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/krg-vs-sitc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/krg-vs-sitc/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: KRG correlations · SITC correlations
