BRKR vs IQV: Correlation
Bruker Corporation (BRKR) and IQVIA (IQV) show a strong relationship: their 3-year correlation of weekly returns is 0.62.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRKR and IQV?
Over the past 3 years, BRKR and IQV moved with a correlation of 0.62, which is strong. Recent behaviour matches the longer record: 0.63 over 1 year against 0.62 over 3. Over 5 years the correlation is 0.62, and the annualized covariance of weekly returns is 1164.4 %².
By 3-year correlation, IQV places #5 of the 13 assets tracked against BRKR. Their recent paths diverged sharply: over the last 12 months BRKR outperformed by 38.3 percentage points (+77.3% for BRKR against +39.0% for IQV).
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.
BRKR vs IQV: side by side
| BRKR (Bruker Corporation) | IQV (IQVIA) | |
|---|---|---|
| 1-year return | +77.3% | +39.0% |
| 5-year return | -32.8% | +0.3% |
| Volatility (ann.) | 49.5% | 37.9% |
| Beta vs S&P 500 | 1.17 | 0.93 |
| Max drawdown (3Y) | -68.7% | -47.1% |
| Market cap | $9.0B | $43.2B |
| P/E (trailing) | – | 32.6 |
| Dividend yield | 0.35% | 0.00% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | BRKR | IQV |
|---|---|---|
| 2022 | -18.3% | -27.4% |
| 2023 | +7.8% | +12.9% |
| 2024 | -20.0% | -15.1% |
| 2025 | -19.2% | +14.7% |
| 2026 | +26.1% | +16.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRKR and IQV good diversifiers for each other?
Somewhat, no more. With 0.62 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BRKR and IQV?
As of 2026-08-27, the correlation of weekly returns between BRKR and IQV is 0.62 over 3 years, 0.63 over 1 year and 0.62 over 5 years.
Is IQV a good diversifier for BRKR?
Somewhat, no more. With 0.62 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.62 mean?
A reading of 0.62 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: BRKR correlations · IQV correlations
