BR vs CPRT: Correlation
Measured on weekly returns over the past three years, Broadridge Financial Solutions (BR) and Copart (CPRT) carry a correlation of 0.46, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BR and CPRT?
Over the past 3 years, BR and CPRT moved with a correlation of 0.46, 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 0.53, and the annualized covariance of weekly returns is 271.2 %².
Among the 45 assets we track against BR, CPRT ranks #28 by 3-year correlation. Over the last 12 months BR came out ahead by 5.0 percentage points (-27.6% against -32.6%). Stability stands out here, with the rolling one-year correlation confined to 0.34 through 0.56.
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.
BR vs CPRT: side by side
| BR (Broadridge Financial Solutions) | CPRT (Copart) | |
|---|---|---|
| 1-year return | -27.6% | -32.6% |
| 5-year return | +16.0% | -9.3% |
| Volatility (ann.) | 22.6% | 26.0% |
| Beta vs S&P 500 | 0.65 | 0.86 |
| Max drawdown (3Y) | -48.2% | -57.4% |
| Market cap | $20.9B | $30.3B |
| P/E (trailing) | 18.9 | 20.2 |
| Dividend yield | 2.15% | 0.00% |
| Sector / category | Industrials | Industrials |
Year-by-year returns
| Year | BR | CPRT |
|---|---|---|
| 2022 | -25.3% | -19.7% |
| 2023 | +56.2% | +60.9% |
| 2024 | +11.7% | +17.1% |
| 2025 | +0.3% | -31.8% |
| 2026 | -17.0% | -16.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BR and CPRT good diversifiers for each other?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BR and CPRT?
As of 2026-08-27, the correlation of weekly returns between BR and CPRT is 0.46 over 3 years, 0.47 over 1 year and 0.53 over 5 years.
Is CPRT a good diversifier for BR?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.46 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/br-vs-cprt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/br-vs-cprt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BR correlations · CPRT correlations
