BR vs VLTO: Correlation
Broadridge Financial Solutions (BR) and Veralto (VLTO) show a moderate relationship: their 3-year correlation of weekly returns is 0.49.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BR and VLTO?
On 3 years of weekly data the BR/VLTO correlation comes out at 0.49, moderate. Recent behaviour matches the longer record: 0.52 over 1 year against 0.49 over 3. The 5-year figure is n/a, and annualized covariance runs at 236.7 %².
By 3-year correlation, VLTO places #25 of the 45 assets tracked against BR. The last year tells two different stories: VLTO led by 19.7 percentage points, -27.6% for BR against -7.9% for VLTO. The link looks structural: the rolling one-year correlation barely moved, holding between 0.34 and 0.59.
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 VLTO: side by side
| BR (Broadridge Financial Solutions) | VLTO (Veralto) | |
|---|---|---|
| 1-year return | -27.6% | -7.9% |
| 5-year return | +16.0% | n/a |
| Volatility (ann.) | 22.6% | 21.2% |
| Beta vs S&P 500 | 0.65 | 0.66 |
| Max drawdown (3Y) | -48.2% | -27.1% |
| Market cap | $20.9B | $24.0B |
| P/E (trailing) | 18.9 | 24.9 |
| Dividend yield | 2.15% | 0.51% |
| Sector / category | Industrials | Industrials |
Year-by-year returns
| Year | BR | VLTO |
|---|---|---|
| 2022 | -25.3% | – |
| 2023 | +56.2% | – |
| 2024 | +11.7% | +24.3% |
| 2025 | +0.3% | -1.6% |
| 2026 | -17.0% | -1.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BR and VLTO good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BR and VLTO?
The BR/VLTO correlation stands at 0.49 on a 3-year window (1 year: 0.52, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is VLTO a good diversifier for BR?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.49 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-vlto.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/br-vs-vlto/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BR correlations · VLTO correlations
