BR vs TYL: Correlation
How closely do Broadridge Financial Solutions (BR) and Tyler Technologies (TYL) trade together? Their weekly returns over three years give a correlation of 0.60, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BR and TYL?
Across a 3-year window, the weekly returns of BR and TYL correlate at 0.60, strong. The past 12 months show a tighter link (0.73) than the 3-year average (0.60). Stretching to 5 years gives 0.61, with an annualized covariance of 402.7 %².
By 3-year correlation, TYL places #10 of the 45 assets tracked against BR. The trailing year gives BR the advantage: -27.6% versus -34.0%, a 6.4-point spread. Across three years, the rolling one-year figure varied moderately, from 0.38 to 0.71.
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 TYL: side by side
| BR (Broadridge Financial Solutions) | TYL (Tyler Technologies) | |
|---|---|---|
| 1-year return | -27.6% | -34.0% |
| 5-year return | +16.0% | -22.5% |
| Volatility (ann.) | 22.6% | 29.6% |
| Beta vs S&P 500 | 0.65 | 0.61 |
| Max drawdown (3Y) | -48.2% | -57.4% |
| Market cap | $20.9B | $15.1B |
| P/E (trailing) | 18.9 | 46.3 |
| Dividend yield | 2.15% | 0.00% |
| Sector / category | Industrials | Information Technology |
Year-by-year returns
| Year | BR | TYL |
|---|---|---|
| 2022 | -25.3% | -40.1% |
| 2023 | +56.2% | +29.7% |
| 2024 | +11.7% | +37.9% |
| 2025 | +0.3% | -21.3% |
| 2026 | -17.0% | -18.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BR and TYL good diversifiers for each other?
Only partially. A correlation of 0.60 means BR and TYL 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 BR and TYL?
As of 2026-08-27, the correlation of weekly returns between BR and TYL is 0.60 over 3 years, 0.73 over 1 year and 0.61 over 5 years.
Is TYL a good diversifier for BR?
Only partially. A correlation of 0.60 means BR and TYL share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.60 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-tyl.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/br-vs-tyl/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BR correlations · TYL correlations
