BR vs ROP: Correlation
How closely do Broadridge Financial Solutions (BR) and Roper Technologies (ROP) trade together? Their weekly returns over three years give a correlation of 0.61, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BR and ROP?
On 3 years of weekly data the BR/ROP correlation comes out at 0.61, strong. The relationship has been stable: the 1-year correlation (0.69) sits close to the 3-year figure. The 5-year figure is 0.63, and annualized covariance runs at 281.3 %².
By 3-year correlation, ROP places #8 of the 45 assets tracked against BR. Over the last 12 months ROP came out ahead by 8.3 percentage points (-27.6% against -19.3%). On a rolling one-year basis the correlation drifted between 0.21 and 0.70, a moderate band.
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 ROP: side by side
| BR (Broadridge Financial Solutions) | ROP (Roper Technologies) | |
|---|---|---|
| 1-year return | -27.6% | -19.3% |
| 5-year return | +16.0% | -9.6% |
| Volatility (ann.) | 22.6% | 20.5% |
| Beta vs S&P 500 | 0.65 | 0.55 |
| Max drawdown (3Y) | -48.2% | -46.5% |
| Market cap | $20.9B | $41.8B |
| P/E (trailing) | 18.9 | 17.6 |
| Dividend yield | 2.15% | 0.86% |
| Sector / category | Industrials | Information Technology |
Year-by-year returns
| Year | BR | ROP |
|---|---|---|
| 2022 | -25.3% | -11.6% |
| 2023 | +56.2% | +26.9% |
| 2024 | +11.7% | -4.1% |
| 2025 | +0.3% | -13.8% |
| 2026 | -17.0% | -4.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BR and ROP good diversifiers for each other?
Somewhat, no more. With 0.61 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BR and ROP?
Using weekly returns as of 2026-08-27: 0.61 over 3 years, with 0.69 over the last year and 0.63 over 5 years.
Is ROP a good diversifier for BR?
Somewhat, no more. With 0.61 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.61 mean?
A reading of 0.61 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-rop.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/br-vs-rop/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BR correlations · ROP correlations
