APAM vs CNS: Correlation
Artisan Partners Asset Management Inc. (APAM) and Cohen & Steers Inc (CNS) show a strong relationship: their 3-year correlation of weekly returns is 0.69.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are APAM and CNS?
On 3 years of weekly data the APAM/CNS correlation comes out at 0.69, strong. The past 12 months show a weaker link (0.37) than the 3-year average (0.69). The 5-year figure is 0.70, and annualized covariance runs at 564.3 %².
Among the 17 assets we track against APAM, CNS ranks #6 by 3-year correlation. Over the last 12 months CNS came out ahead by 12.5 percentage points (+1.2% against +13.7%).
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.
APAM vs CNS: side by side
| APAM (Artisan Partners Asset Management Inc.) | CNS (Cohen & Steers Inc) | |
|---|---|---|
| 1-year return | +1.2% | +13.7% |
| 5-year return | +28.1% | +11.8% |
| Volatility (ann.) | 27.0% | 30.4% |
| Beta vs S&P 500 | 1.14 | 0.83 |
| Max drawdown (3Y) | -28.9% | -42.6% |
| Market cap | $3.1B | $4.2B |
| P/E (trailing) | 10.4 | 25.7 |
| Dividend yield | 7.95% | 3.10% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | APAM | CNS |
|---|---|---|
| 2022 | -31.3% | -28.0% |
| 2023 | +60.3% | +21.8% |
| 2024 | +4.8% | +25.5% |
| 2025 | +2.7% | -29.8% |
| 2026 | +15.4% | +35.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are APAM and CNS good diversifiers for each other?
Only partially. A correlation of 0.69 means APAM and CNS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between APAM and CNS?
Using weekly returns as of 2026-08-27: 0.69 over 3 years, with 0.37 over the last year and 0.70 over 5 years.
Is CNS a good diversifier for APAM?
Only partially. A correlation of 0.69 means APAM and CNS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.69 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/apam-vs-cns.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/apam-vs-cns/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: APAM correlations · CNS correlations
