BR vs JDZG: Correlation
Measured on weekly returns over the past three years, Broadridge Financial Solutions (BR) and JIADE LIMITED - Class A (JDZG) carry a correlation of -0.15, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BR and JDZG?
Across a 3-year window, the weekly returns of BR and JDZG correlate at -0.15, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.22 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of -885.6 %².
Within BR's tracked universe of 45 assets, JDZG comes in at #37 by 3-year correlation. The last year tells two different stories: BR led by 71.7 percentage points, -27.6% for BR against -99.3% for JDZG. One caveat on sizing: JDZG is 11.2 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.
BR vs JDZG: side by side
| BR (Broadridge Financial Solutions) | JDZG (JIADE LIMITED - Class A) | |
|---|---|---|
| 1-year return | -27.6% | -99.3% |
| 5-year return | +16.0% | n/a |
| Volatility (ann.) | 22.6% | 252.5% |
| Beta vs S&P 500 | 0.65 | 0.21 |
| Max drawdown (3Y) | -48.2% | -100.0% |
| Market cap | $20.9B | – |
| P/E (trailing) | 18.9 | – |
| Dividend yield | 2.15% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | BR | JDZG |
|---|---|---|
| 2022 | -25.3% | – |
| 2023 | +56.2% | – |
| 2024 | +11.7% | – |
| 2025 | +0.3% | -88.0% |
| 2026 | -17.0% | -98.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BR and JDZG good diversifiers for each other?
Yes: at -0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BR and JDZG?
As of 2026-08-27, the correlation of weekly returns between BR and JDZG is -0.15 over 3 years, -0.22 over 1 year and n/a over 5 years.
Is JDZG a good diversifier for BR?
Yes: at -0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.15 mean?
A reading of -0.15 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/br-vs-jdzg.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/br-vs-jdzg/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BR correlations · JDZG correlations
