BKD vs LAND: Correlation
Brookdale Senior Living Inc. (BKD) and Gl (LAND) show a moderate relationship: their 3-year correlation of weekly returns is 0.38.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BKD and LAND?
Across a 3-year window, the weekly returns of BKD and LAND correlate at 0.38, moderate. The relationship has been stable: the 1-year correlation (0.33) sits close to the 3-year figure. Stretching to 5 years gives 0.34, with an annualized covariance of 412.3 %².
By 3-year correlation, LAND places #4 of the 13 assets tracked against BKD. Correlation aside, the last 12 months split them widely, with BKD ahead by 51.1 points (+54.2% versus +3.1%). Note the risk asymmetry: BKD runs 1.6 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
BKD vs LAND: side by side
| BKD (Brookdale Senior Living Inc.) | LAND (Gl) | |
|---|---|---|
| 1-year return | +54.2% | +3.1% |
| 5-year return | +76.8% | -53.7% |
| Volatility (ann.) | 41.3% | 26.6% |
| Beta vs S&P 500 | 0.15 | 0.52 |
| Max drawdown (3Y) | -43.6% | -41.6% |
| Market cap | $2.9B | $0.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 6.31% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BKD | LAND |
|---|---|---|
| 2022 | -47.1% | -44.4% |
| 2023 | +113.2% | -18.5% |
| 2024 | -13.6% | -21.6% |
| 2025 | +114.5% | -10.7% |
| 2026 | +12.0% | +0.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BKD and LAND good diversifiers for each other?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BKD and LAND?
Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.33 over the last year and 0.34 over 5 years.
Is LAND a good diversifier for BKD?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.38 mean?
On the −1 to +1 scale, 0.38 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bkd-vs-land.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bkd-vs-land/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BKD correlations · LAND correlations
