BN vs RL: Correlation
Brookfield Corporation Class A Limited Voting Shares (BN) and Ralph Lauren Corporation (RL) show a moderate relationship: their 3-year correlation of weekly returns is 0.51.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BN and RL?
Over the past 3 years, BN and RL moved with a correlation of 0.51, which is moderate. Little has changed lately, as the 1-year reading of 0.47 lands near the 3-year figure. Over 5 years the correlation is 0.54, and the annualized covariance of weekly returns is 497.9 %².
By 3-year correlation, RL places #20 of the 32 assets tracked against BN. Correlation aside, the last 12 months split them widely, with RL ahead by 25.2 points (-4.5% versus +20.7%).
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.
BN vs RL: side by side
| BN (Brookfield Corporation Class A Limited Voting Shares) | RL (Ralph Lauren Corporation) | |
|---|---|---|
| 1-year return | -4.5% | +20.7% |
| 5-year return | +42.1% | +232.5% |
| Volatility (ann.) | 28.8% | 33.6% |
| Beta vs S&P 500 | 1.47 | 1.07 |
| Max drawdown (3Y) | -27.8% | -36.2% |
| Market cap | $92.5B | $21.0B |
| P/E (trailing) | 76.7 | 22.8 |
| Dividend yield | 0.62% | 1.03% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | BN | RL |
|---|---|---|
| 2022 | -34.6% | -8.4% |
| 2023 | +28.6% | +39.8% |
| 2024 | +44.2% | +62.9% |
| 2025 | +20.5% | +55.0% |
| 2026 | -9.4% | +0.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BN and RL good diversifiers for each other?
Only partially. A correlation of 0.51 means BN and RL 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 BN and RL?
The BN/RL correlation stands at 0.51 on a 3-year window (1 year: 0.47, 5 years: 0.54), computed from weekly returns as of 2026-08-27.
Is RL a good diversifier for BN?
Only partially. A correlation of 0.51 means BN and RL share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.51 mean?
On the −1 to +1 scale, 0.51 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/bn-vs-rl.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bn-vs-rl/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BN correlations · RL correlations
