BMI vs ILLR: Correlation
Badger Meter, Inc. (BMI) and Triller Group Inc. (ILLR) show a negative relationship: their 3-year correlation of weekly returns is -0.26.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BMI and ILLR?
Across a 3-year window, the weekly returns of BMI and ILLR correlate at -0.26, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.58) than the 3-year average (-0.26). Stretching to 5 years gives -0.19, with an annualized covariance of -4274.1 %².
By 3-year correlation, ILLR places #10 of the 15 assets tracked against BMI. Their recent paths diverged sharply: over the last 12 months BMI outperformed by 53.5 percentage points (-26.1% for BMI against -79.6% for ILLR). Note the risk asymmetry: ILLR runs 12.9 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.
BMI vs ILLR: side by side
| BMI (Badger Meter, Inc.) | ILLR (Triller Group Inc.) | |
|---|---|---|
| 1-year return | -26.1% | -79.6% |
| 5-year return | +33.9% | -99.6% |
| Volatility (ann.) | 35.9% | 462.5% |
| Beta vs S&P 500 | 0.62 | 2.45 |
| Max drawdown (3Y) | -55.1% | -99.7% |
| Market cap | $4.0B | – |
| P/E (trailing) | 32.1 | – |
| Dividend yield | 1.17% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BMI | ILLR |
|---|---|---|
| 2022 | +3.2% | -86.0% |
| 2023 | +42.6% | -68.4% |
| 2024 | +38.3% | +137.0% |
| 2025 | -17.2% | -98.7% |
| 2026 | -20.3% | +207.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BMI and ILLR good diversifiers for each other?
Yes. With a correlation of -0.26, BMI and ILLR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BMI and ILLR?
As of 2026-08-27, the correlation of weekly returns between BMI and ILLR is -0.26 over 3 years, -0.58 over 1 year and -0.19 over 5 years.
Is ILLR a good diversifier for BMI?
Yes. With a correlation of -0.26, BMI and ILLR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.26 mean?
A reading of -0.26 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/bmi-vs-illr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bmi-vs-illr/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BMI correlations · ILLR correlations