BR vs LDOS: Correlation
Broadridge Financial Solutions (BR) and Leidos (LDOS) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BR and LDOS?
Over the past 3 years, BR and LDOS moved with a correlation of 0.44, which is moderate. The relationship has been stable: the 1-year correlation (0.53) sits close to the 3-year figure. Over 5 years the correlation is 0.35, and the annualized covariance of weekly returns is 316.0 %².
By 3-year correlation, LDOS places #30 of the 45 assets tracked against BR. Twelve-month performance is nearly a tie, at -27.6% for BR and -22.9% for LDOS. The relationship is regime-dependent: the rolling one-year correlation swung between 0.04 and 0.55 over the past three years, so this pair behaves very differently depending on the market environment.
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 LDOS: side by side
| BR (Broadridge Financial Solutions) | LDOS (Leidos) | |
|---|---|---|
| 1-year return | -27.6% | -22.9% |
| 5-year return | +16.0% | +52.1% |
| Volatility (ann.) | 22.6% | 31.4% |
| Beta vs S&P 500 | 0.65 | 0.87 |
| Max drawdown (3Y) | -48.2% | -49.5% |
| Market cap | $20.9B | $17.6B |
| P/E (trailing) | 18.9 | 12.8 |
| Dividend yield | 2.15% | 1.23% |
| Sector / category | Industrials | Industrials |
Year-by-year returns
| Year | BR | LDOS |
|---|---|---|
| 2022 | -25.3% | +20.0% |
| 2023 | +56.2% | +4.5% |
| 2024 | +11.7% | +34.5% |
| 2025 | +0.3% | +26.5% |
| 2026 | -17.0% | -22.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BR and LDOS good diversifiers for each other?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BR and LDOS?
Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.53 over the last year and 0.35 over 5 years.
Is LDOS a good diversifier for BR?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.44 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-ldos.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/br-vs-ldos/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BR correlations · LDOS correlations
