BAM vs KKR: Correlation
Brookfield Asset Management Inc Class A Limited Voting (BAM) and KKR & Co. (KKR) show a strong relationship: their 3-year correlation of weekly returns is 0.72.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BAM and KKR?
Over the past 3 years, BAM and KKR moved with a correlation of 0.72, which is strong. Little has changed lately, as the 1-year reading of 0.66 lands near the 3-year figure. Over 5 years the correlation is 0.72, and the annualized covariance of weekly returns is 771.8 %².
Among the 19 assets we track against BAM, KKR ranks #4 by 3-year correlation. On 12-month performance BAM holds a 11.0-point edge, -10.6% against -21.6%.
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.
BAM vs KKR: side by side
| BAM (Brookfield Asset Management Inc Class A Limited Voting) | KKR (KKR & Co.) | |
|---|---|---|
| 1-year return | -10.6% | -21.6% |
| 5-year return | n/a | +77.3% |
| Volatility (ann.) | 28.2% | 37.8% |
| Beta vs S&P 500 | 1.35 | 1.76 |
| Max drawdown (3Y) | -30.4% | -49.4% |
| Market cap | $83.2B | $101.0B |
| P/E (trailing) | 29.9 | 34.7 |
| Dividend yield | 3.61% | 0.70% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | BAM | KKR |
|---|---|---|
| 2022 | – | -37.0% |
| 2023 | +45.6% | +80.5% |
| 2024 | +39.7% | +79.6% |
| 2025 | -0.2% | -13.3% |
| 2026 | +1.5% | -13.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BAM and KKR good diversifiers for each other?
Somewhat, no more. With 0.72 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BAM and KKR?
Using weekly returns as of 2026-08-27: 0.72 over 3 years, with 0.66 over the last year and 0.72 over 5 years.
Is KKR a good diversifier for BAM?
Somewhat, no more. With 0.72 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.72 mean?
On the −1 to +1 scale, 0.72 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
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Related comparisons
Hubs: BAM correlations · KKR correlations
