PLD vs TCRT: Correlation
Prologis (PLD) and Alaunos Therapeutics, Inc. (TCRT) show a negative relationship: their 3-year correlation of weekly returns is -0.15.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PLD and TCRT?
Across a 3-year window, the weekly returns of PLD and TCRT correlate at -0.15, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.25 lands near the 3-year figure. Stretching to 5 years gives -0.06, with an annualized covariance of -475.9 %².
By 3-year correlation, TCRT places #32 of the 40 assets tracked against PLD. Correlation aside, the last 12 months split them widely, with PLD ahead by 42.2 points (+30.0% versus -12.2%). Note the risk asymmetry: TCRT runs 4.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
PLD vs TCRT: side by side
| PLD (Prologis) | TCRT (Alaunos Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +30.0% | -12.2% |
| 5-year return | +22.5% | -99.3% |
| Volatility (ann.) | 25.8% | 121.9% |
| Beta vs S&P 500 | 0.90 | -1.11 |
| Max drawdown (3Y) | -31.4% | -95.0% |
| Market cap | $137.9B | – |
| P/E (trailing) | 31.7 | – |
| Dividend yield | 2.92% | 0.00% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | PLD | TCRT |
|---|---|---|
| 2022 | -31.3% | -40.4% |
| 2023 | +21.6% | -89.2% |
| 2024 | -18.1% | -81.8% |
| 2025 | +25.1% | +69.1% |
| 2026 | +12.8% | -48.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PLD and TCRT good diversifiers for each other?
By historical standards, yes. A correlation of -0.15 means the two rarely move for the same reasons.
FAQ
What is the correlation between PLD and TCRT?
As of 2026-08-27, the correlation of weekly returns between PLD and TCRT is -0.15 over 3 years, -0.25 over 1 year and -0.06 over 5 years.
Is TCRT a good diversifier for PLD?
By historical standards, yes. A correlation of -0.15 means the two rarely move for the same reasons.
What does a correlation of -0.15 mean?
On the −1 to +1 scale, -0.15 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/pld-vs-tcrt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/pld-vs-tcrt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PLD correlations · TCRT correlations
