BRBR vs ROP: Correlation
How closely do BellRing Brands, Inc. (BRBR) and Roper Technologies (ROP) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRBR and ROP?
Over the past 3 years, BRBR and ROP moved with a correlation of 0.37, which is moderate. Little has changed lately, as the 1-year reading of 0.44 lands near the 3-year figure. Over 5 years the correlation is 0.31, and the annualized covariance of weekly returns is 393.5 %².
Within BRBR's tracked universe of 20 assets, ROP comes in at #5 by 3-year correlation. The last year tells two different stories: ROP led by 55.5 percentage points, -74.8% for BRBR against -19.3% for ROP. Risk is not evenly split, since BRBR carries 2.5 times the volatility of the other side.
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.
BRBR vs ROP: side by side
| BRBR (BellRing Brands, Inc.) | ROP (Roper Technologies) | |
|---|---|---|
| 1-year return | -74.8% | -19.3% |
| 5-year return | -68.8% | -9.6% |
| Volatility (ann.) | 51.5% | 20.5% |
| Beta vs S&P 500 | 0.49 | 0.55 |
| Max drawdown (3Y) | -90.0% | -46.5% |
| Market cap | $1.2B | $41.8B |
| P/E (trailing) | 7.6 | 17.6 |
| Dividend yield | 0.00% | 0.86% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | BRBR | ROP |
|---|---|---|
| 2022 | -10.1% | -11.6% |
| 2023 | +116.2% | +26.9% |
| 2024 | +35.9% | -4.1% |
| 2025 | -64.5% | -13.8% |
| 2026 | -61.6% | -4.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRBR and ROP good diversifiers for each other?
Reasonably. At 0.37, BRBR and ROP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BRBR and ROP?
The BRBR/ROP correlation stands at 0.37 on a 3-year window (1 year: 0.44, 5 years: 0.31), computed from weekly returns as of 2026-08-27.
Is ROP a good diversifier for BRBR?
Reasonably. At 0.37, BRBR and ROP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 mean?
A reading of 0.37 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/brbr-vs-rop.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/brbr-vs-rop/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BRBR correlations · ROP correlations
