AVGO vs EOS: Correlation
Measured on weekly returns over the past three years, Broadcom (AVGO) and Eaton Vance Enhance Equity Income Fund II (EOS) carry a correlation of 0.66, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AVGO and EOS?
Across a 3-year window, the weekly returns of AVGO and EOS correlate at 0.66, strong. Recent behaviour matches the longer record: 0.61 over 1 year against 0.66 over 3. Stretching to 5 years gives 0.64, with an annualized covariance of 653.2 %².
By 3-year correlation, EOS places #15 of the 33 assets tracked against AVGO. The last year tells two different stories: AVGO led by 26.6 percentage points, +24.7% for AVGO against -1.9% for EOS. Risk is not evenly split, since AVGO carries 2.7 times the volatility of the other side.
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.
AVGO vs EOS: side by side
| AVGO (Broadcom) | EOS (Eaton Vance Enhance Equity Income Fund II) | |
|---|---|---|
| 1-year return | +24.7% | -1.9% |
| 5-year return | +718.0% | +30.9% |
| Volatility (ann.) | 51.3% | 19.2% |
| Beta vs S&P 500 | 2.45 | 1.17 |
| Max drawdown (3Y) | -41.1% | -24.3% |
| Market cap | $1,767.6B | $1.2B |
| P/E (trailing) | 59.2 | 7.2 |
| Dividend yield | 0.71% | 8.51% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | AVGO | EOS |
|---|---|---|
| 2022 | -13.3% | -26.5% |
| 2023 | +104.2% | +22.6% |
| 2024 | +110.5% | +38.7% |
| 2025 | +50.6% | +5.8% |
| 2026 | +7.7% | -2.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AVGO and EOS good diversifiers for each other?
To a limited degree. At 0.66 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 AVGO and EOS?
The AVGO/EOS correlation stands at 0.66 on a 3-year window (1 year: 0.61, 5 years: 0.64), computed from weekly returns as of 2026-08-27.
Is EOS a good diversifier for AVGO?
To a limited degree. At 0.66 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 0.66 mean?
A reading of 0.66 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/avgo-vs-eos.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/avgo-vs-eos/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AVGO correlations · EOS correlations
