AGL vs BRKR: Correlation
Measured on weekly returns over the past three years, agilon health, inc. (AGL) and Bruker Corporation (BRKR) carry a correlation of 0.41, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGL and BRKR?
Across a 3-year window, the weekly returns of AGL and BRKR correlate at 0.41, moderate. Recent behaviour matches the longer record: 0.40 over 1 year against 0.41 over 3. Stretching to 5 years gives 0.40, with an annualized covariance of 2553.9 %².
By 3-year correlation, BRKR places #4 of the 14 assets tracked against AGL. Their recent paths diverged sharply: over the last 12 months AGL outperformed by 112.5 percentage points (+189.8% for AGL against +77.3% for BRKR). One caveat on sizing: AGL is 2.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
AGL vs BRKR: side by side
| AGL (agilon health, inc.) | BRKR (Bruker Corporation) | |
|---|---|---|
| 1-year return | +189.8% | +77.3% |
| 5-year return | -90.0% | -32.8% |
| Volatility (ann.) | 126.1% | 49.5% |
| Beta vs S&P 500 | 1.73 | 1.17 |
| Max drawdown (3Y) | -98.4% | -68.7% |
| Market cap | $1.6B | $9.0B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.35% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AGL | BRKR |
|---|---|---|
| 2022 | -40.2% | -18.3% |
| 2023 | -22.2% | +7.8% |
| 2024 | -84.9% | -20.0% |
| 2025 | -63.7% | -19.2% |
| 2026 | +446.8% | +26.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGL and BRKR good diversifiers for each other?
Reasonably. At 0.41, AGL and BRKR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AGL and BRKR?
Using weekly returns as of 2026-08-27: 0.41 over 3 years, with 0.40 over the last year and 0.40 over 5 years.
Is BRKR a good diversifier for AGL?
Reasonably. At 0.41, AGL and BRKR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 mean?
A reading of 0.41 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/agl-vs-brkr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/agl-vs-brkr/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AGL correlations · BRKR correlations
