BRC vs GIPR: Correlation
Measured on weekly returns over the past three years, Brady Corporation (BRC) and Generation Income Properties Inc. (GIPR) carry a correlation of 0.41, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRC and GIPR?
Across a 3-year window, the weekly returns of BRC and GIPR correlate at 0.41, moderate. The relationship has been stable: the 1-year correlation (0.49) sits close to the 3-year figure. Stretching to 5 years gives 0.32, with an annualized covariance of 1210.4 %².
By 3-year correlation, GIPR places #7 of the 14 assets tracked against BRC. Their recent paths diverged sharply: over the last 12 months BRC outperformed by 117.3 percentage points (+22.1% for BRC against -95.2% for GIPR). Note the risk asymmetry: GIPR runs 4.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
BRC vs GIPR: side by side
| BRC (Brady Corporation) | GIPR (Generation Income Properties Inc.) | |
|---|---|---|
| 1-year return | +22.1% | -95.2% |
| 5-year return | +91.6% | -99.3% |
| Volatility (ann.) | 26.5% | 110.2% |
| Beta vs S&P 500 | 0.43 | 1.42 |
| Max drawdown (3Y) | -26.1% | -99.4% |
| Market cap | – | – |
| P/E (trailing) | 21.4 | – |
| Dividend yield | 1.04% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BRC | GIPR |
|---|---|---|
| 2022 | -10.9% | -14.6% |
| 2023 | +26.9% | -9.2% |
| 2024 | +27.7% | -51.1% |
| 2025 | +7.6% | -64.8% |
| 2026 | +20.3% | -93.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRC and GIPR good diversifiers for each other?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BRC and GIPR?
As of 2026-08-27, the correlation of weekly returns between BRC and GIPR is 0.41 over 3 years, 0.49 over 1 year and 0.32 over 5 years.
Is GIPR a good diversifier for BRC?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.41 mean?
A reading of 0.41 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/brc-vs-gipr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/brc-vs-gipr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BRC correlations · GIPR correlations
