ABNB vs BAM: Correlation
How closely do Airbnb (ABNB) and Brookfield Asset Management Inc Class A Limited Voting (BAM) trade together? Their weekly returns over three years give a correlation of 0.50, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABNB and BAM?
Over the past 3 years, ABNB and BAM moved with a correlation of 0.50, which is moderate. Little has changed lately, as the 1-year reading of 0.46 lands near the 3-year figure. Over 5 years the correlation is 0.50, and the annualized covariance of weekly returns is 501.3 %².
Within ABNB's tracked universe of 32 assets, BAM comes in at #15 by 3-year correlation. The last year tells two different stories: ABNB led by 52.6 percentage points, +42.0% for ABNB against -10.6% for BAM.
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.
ABNB vs BAM: side by side
| ABNB (Airbnb) | BAM (Brookfield Asset Management Inc Class A Limited Voting) | |
|---|---|---|
| 1-year return | +42.0% | -10.6% |
| 5-year return | +18.2% | n/a |
| Volatility (ann.) | 35.2% | 28.2% |
| Beta vs S&P 500 | 1.28 | 1.35 |
| Max drawdown (3Y) | -37.2% | -30.4% |
| Market cap | $110.4B | $83.2B |
| P/E (trailing) | 42.9 | 29.9 |
| Dividend yield | 0.00% | 3.61% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | ABNB | BAM |
|---|---|---|
| 2022 | -48.6% | – |
| 2023 | +59.2% | +45.6% |
| 2024 | -3.5% | +39.7% |
| 2025 | +3.3% | -0.2% |
| 2026 | +35.9% | +1.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABNB and BAM good diversifiers for each other?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between ABNB and BAM?
As of 2026-08-27, the correlation of weekly returns between ABNB and BAM is 0.50 over 3 years, 0.46 over 1 year and 0.50 over 5 years.
Is BAM a good diversifier for ABNB?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.50 mean?
On the −1 to +1 scale, 0.50 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/abnb-vs-bam.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/abnb-vs-bam/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ABNB correlations · BAM correlations
