BNT vs IVZ: Correlation
Brookfield Wealth Solutions Ltd. Class A Exchangeable (BNT) and Invesco (IVZ) show a strong relationship: their 3-year correlation of weekly returns is 0.65.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BNT and IVZ?
Across a 3-year window, the weekly returns of BNT and IVZ correlate at 0.65, strong. The link has loosened recently: the 1-year correlation (0.51) runs below the 3-year figure (0.65). Stretching to 5 years gives 0.62, with an annualized covariance of 596.8 %².
By 3-year correlation, IVZ places #11 of the 28 assets tracked against BNT. The last year tells two different stories: IVZ led by 60.4 percentage points, -4.5% for BNT against +55.9% for IVZ.
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 IVZ: side by side
| BNT (Brookfield Wealth Solutions Ltd. Class A Exchangeable) | IVZ (Invesco) | |
|---|---|---|
| 1-year return | -4.5% | +55.9% |
| 5-year return | +3.6% | +63.7% |
| Volatility (ann.) | 28.1% | 32.6% |
| Beta vs S&P 500 | 1.44 | 1.29 |
| Max drawdown (3Y) | -27.6% | -36.5% |
| Market cap | $11.4B | $14.7B |
| P/E (trailing) | 50.0 | – |
| Dividend yield | 0.62% | 2.58% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | BNT | IVZ |
|---|---|---|
| 2022 | -49.5% | -18.7% |
| 2023 | +30.1% | +4.2% |
| 2024 | +43.3% | +3.0% |
| 2025 | +20.6% | +56.9% |
| 2026 | -9.4% | +29.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BNT and IVZ good diversifiers for each other?
Somewhat, no more. With 0.65 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BNT and IVZ?
As of 2026-08-27, the correlation of weekly returns between BNT and IVZ is 0.65 over 3 years, 0.51 over 1 year and 0.62 over 5 years.
Is IVZ a good diversifier for BNT?
Somewhat, no more. With 0.65 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.65 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/bnt-vs-ivz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bnt-vs-ivz/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BNT correlations · IVZ correlations
