MAA vs RSG: Correlation
Mid-America Apartment Communities (MAA) and Republic Services (RSG) 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 MAA and RSG?
On 3 years of weekly data the MAA/RSG correlation comes out at 0.43, moderate. Little has changed lately, as the 1-year reading of 0.40 lands near the 3-year figure. The 5-year figure is 0.51, and annualized covariance runs at 143.3 %².
Among the 31 assets we track against MAA, RSG ranks #16 by 3-year correlation. Twelve-month performance is nearly a tie, at -6.6% for MAA and -5.6% for RSG. On a rolling one-year basis the correlation drifted between 0.30 and 0.57, a moderate band.
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.
MAA vs RSG: side by side
| MAA (Mid-America Apartment Communities) | RSG (Republic Services) | |
|---|---|---|
| 1-year return | -6.6% | -5.6% |
| 5-year return | -19.3% | +87.9% |
| Volatility (ann.) | 20.3% | 16.2% |
| Beta vs S&P 500 | 0.49 | 0.17 |
| Max drawdown (3Y) | -26.4% | -22.5% |
| Market cap | $15.3B | $67.1B |
| P/E (trailing) | 37.7 | 31.0 |
| Dividend yield | 4.63% | 1.13% |
| Sector / category | Real Estate | Industrials |
Year-by-year returns
| Year | MAA | RSG |
|---|---|---|
| 2022 | -29.7% | -6.2% |
| 2023 | -11.1% | +29.6% |
| 2024 | +19.9% | +23.0% |
| 2025 | -6.4% | +6.4% |
| 2026 | -4.0% | +4.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MAA and RSG good diversifiers for each other?
Reasonably. At 0.43, MAA and RSG keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between MAA and RSG?
Using weekly returns as of 2026-08-27: 0.43 over 3 years, with 0.40 over the last year and 0.51 over 5 years.
Is RSG a good diversifier for MAA?
Reasonably. At 0.43, MAA and RSG keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 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
$ curl https://www.pairbook.io/api/v1/pairs/maa-vs-rsg.json
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Related comparisons
Hubs: MAA correlations · RSG correlations
