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
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 500 | 0.85 | 0.71 |
| Max drawdown (3Y) | -32.5% | -37.9% |
| Market cap | $2.4B | $0.7B |
| P/E (trailing) | 11.9 | – |
| Dividend yield | 2.84% | 1.30% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AGM | TIPT |
|---|---|---|
| 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/agm-vs-tipt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/agm-vs-tipt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AGM correlations · TIPT correlations