BN vs SKIL: Correlation
Measured on weekly returns over the past three years, Brookfield Corporation Class A Limited Voting Shares (BN) and Skillsoft Corp. (SKIL) carry a correlation of 0.38, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BN and SKIL?
On 3 years of weekly data the BN/SKIL correlation comes out at 0.38, moderate. Little has changed lately, as the 1-year reading of 0.39 lands near the 3-year figure. The 5-year figure is 0.34, and annualized covariance runs at 1036.0 %².
Among the 32 assets we track against BN, SKIL sits near the bottom by co-movement, at rank #29. The last year tells two different stories: BN led by 54.1 percentage points, -4.5% for BN against -58.6% for SKIL. Note the risk asymmetry: SKIL runs 3.3 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.
BN vs SKIL: side by side
| BN (Brookfield Corporation Class A Limited Voting Shares) | SKIL (Skillsoft Corp.) | |
|---|---|---|
| 1-year return | -4.5% | -58.6% |
| 5-year return | +42.1% | -96.5% |
| Volatility (ann.) | 28.8% | 95.0% |
| Beta vs S&P 500 | 1.47 | 2.14 |
| Max drawdown (3Y) | -27.8% | -88.5% |
| Market cap | $92.5B | $0.1B |
| P/E (trailing) | 76.7 | – |
| Dividend yield | 0.62% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BN | SKIL |
|---|---|---|
| 2022 | -34.6% | -85.8% |
| 2023 | +28.6% | -32.4% |
| 2024 | +44.2% | +36.3% |
| 2025 | +20.5% | -61.2% |
| 2026 | -9.4% | -28.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BN and SKIL good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BN and SKIL?
Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.39 over the last year and 0.34 over 5 years.
Is SKIL a good diversifier for BN?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.38 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bn-vs-skil.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bn-vs-skil/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BN correlations · SKIL correlations
