BNT vs LIF: Correlation
Brookfield Wealth Solutions Ltd. Class A Exchangeable (BNT) and Life360, Inc. (LIF) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BNT and LIF?
On 3 years of weekly data the BNT/LIF correlation comes out at 0.50, moderate. The relationship has been stable: the 1-year correlation (0.48) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 857.9 %².
Within BNT's tracked universe of 28 assets, LIF comes in at #17 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months BNT outperformed by 46.9 percentage points (-4.5% for BNT against -51.4% for LIF). One caveat on sizing: LIF is 2.3 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 LIF: side by side
| BNT (Brookfield Wealth Solutions Ltd. Class A Exchangeable) | LIF (Life360, Inc.) | |
|---|---|---|
| 1-year return | -4.5% | -51.4% |
| 5-year return | +3.6% | n/a |
| Volatility (ann.) | 28.1% | 63.6% |
| Beta vs S&P 500 | 1.44 | 2.18 |
| Max drawdown (3Y) | -27.6% | -65.6% |
| Market cap | $11.4B | $3.6B |
| P/E (trailing) | 50.0 | 25.1 |
| Dividend yield | 0.62% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BNT | LIF |
|---|---|---|
| 2022 | -49.5% | – |
| 2023 | +30.1% | – |
| 2024 | +43.3% | – |
| 2025 | +20.6% | +55.4% |
| 2026 | -9.4% | -31.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BNT and LIF good diversifiers for each other?
Only partially. A correlation of 0.50 means BNT and LIF 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 BNT and LIF?
The BNT/LIF correlation stands at 0.50 on a 3-year window (1 year: 0.48, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is LIF a good diversifier for BNT?
Only partially. A correlation of 0.50 means BNT and LIF share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.50 mean?
A reading of 0.50 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/bnt-vs-lif.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bnt-vs-lif/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BNT correlations · LIF correlations
