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AGM vs TIPT: Correlation

Federal Agricultural Mortgage Corporation (AGM) and Tiptree Inc. (TIPT) show a moderate relationship: their 3-year correlation of weekly returns is 0.49.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.49
moderate
Correlation (1Y)
0.39
last 12 months
Correlation (5Y)
0.37
long-run
Ann. covariance
495.6
%² · weekly, annualized

How correlated are AGM and TIPT?

On 3 years of weekly data the AGM/TIPT correlation comes out at 0.49, moderate. Little has changed lately, as the 1-year reading of 0.39 lands near the 3-year figure. The 5-year figure is 0.37, and annualized covariance runs at 495.6 %².

Among the 16 assets we track against AGM, TIPT ranks #7 by 3-year correlation. The last year tells two different stories: AGM led by 32.7 percentage points, +11.4% for AGM against -21.3% for TIPT.

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.

AGM vs TIPT: side by side

AGM (Federal Agricultural Mortgage Corporation)TIPT (Tiptree Inc.)
1-year return+11.4%-21.3%
5-year return+167.7%+95.1%
Volatility (ann.)30.2%33.5%
Beta vs S&P 5000.850.71
Max drawdown (3Y)-32.5%-37.9%
Market cap$2.4B$0.7B
P/E (trailing)11.9
Dividend yield2.84%1.30%
Sector / categoryUS ListedUS Listed
Higher yield: AGM 2.84% vs 1.30%Smaller drawdown: AGM -32.5% vs -37.9%Higher 5y return: AGM +167.7% vs +95.1%
-30%0%+19%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). AGM · TIPT

Year-by-year returns

YearAGMTIPT
2022-5.8%+1.4%
2023+74.6%+38.8%
2024+6.1%+12.8%
2025-8.0%-11.4%
2026+29.3%+1.2%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are AGM and TIPT good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between AGM and TIPT?

As of 2026-08-27, the correlation of weekly returns between AGM and TIPT is 0.49 over 3 years, 0.39 over 1 year and 0.37 over 5 years.

Is TIPT a good diversifier for AGM?

Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.49 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.

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AGM vs TIPT: 3-year weekly correlation 0.49AGM vs TIPT0.49

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Related comparisons

Hubs: AGM correlations · TIPT correlations