BNT vs GNSS: Correlation
Brookfield Wealth Solutions Ltd. Class A Exchangeable (BNT) and Genasys Inc. (GNSS) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BNT and GNSS?
Across a 3-year window, the weekly returns of BNT and GNSS correlate at 0.39, moderate. The link has tightened recently: the 1-year correlation (0.52) runs above the 3-year figure (0.39). Stretching to 5 years gives 0.29, with an annualized covariance of 682.8 %².
Among the 28 assets we track against BNT, GNSS sits near the bottom by co-movement, at rank #24. The trailing year gives BNT the advantage: -4.5% versus -19.3%, a 14.8-point spread. Risk is not evenly split, since GNSS carries 2.2 times the volatility of the other side.
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.
BNT vs GNSS: side by side
| BNT (Brookfield Wealth Solutions Ltd. Class A Exchangeable) | GNSS (Genasys Inc.) | |
|---|---|---|
| 1-year return | -4.5% | -19.3% |
| 5-year return | +3.6% | -71.2% |
| Volatility (ann.) | 28.1% | 61.5% |
| Beta vs S&P 500 | 1.44 | 1.53 |
| Max drawdown (3Y) | -27.6% | -63.2% |
| Market cap | $11.4B | $0.1B |
| P/E (trailing) | 50.0 | – |
| Dividend yield | 0.62% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BNT | GNSS |
|---|---|---|
| 2022 | -49.5% | -7.0% |
| 2023 | +30.1% | -45.1% |
| 2024 | +43.3% | +28.1% |
| 2025 | +20.6% | -17.3% |
| 2026 | -9.4% | -27.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BNT and GNSS good diversifiers for each other?
Reasonably. At 0.39, BNT and GNSS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BNT and GNSS?
Using weekly returns as of 2026-08-27: 0.39 over 3 years, with 0.52 over the last year and 0.29 over 5 years.
Is GNSS a good diversifier for BNT?
Reasonably. At 0.39, BNT and GNSS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.39 mean?
On the −1 to +1 scale, 0.39 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/bnt-vs-gnss.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bnt-vs-gnss/)
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Related comparisons
Hubs: BNT correlations · GNSS correlations
