BRKR vs MXCT: Correlation
How closely do Bruker Corporation (BRKR) and MaxCyte, Inc. (MXCT) trade together? Their weekly returns over three years give a correlation of 0.40, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRKR and MXCT?
Across a 3-year window, the weekly returns of BRKR and MXCT correlate at 0.40, moderate. Recent behaviour matches the longer record: 0.36 over 1 year against 0.40 over 3. Stretching to 5 years gives 0.42, with an annualized covariance of 1234.3 %².
Within BRKR's tracked universe of 13 assets, MXCT comes in at #8 by 3-year correlation. The last year tells two different stories: BRKR led by 85.9 percentage points, +77.3% for BRKR against -8.6% for MXCT.
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 MXCT: side by side
| BRKR (Bruker Corporation) | MXCT (MaxCyte, Inc.) | |
|---|---|---|
| 1-year return | +77.3% | -8.6% |
| 5-year return | -32.8% | -91.7% |
| Volatility (ann.) | 49.5% | 63.0% |
| Beta vs S&P 500 | 1.17 | 1.35 |
| Max drawdown (3Y) | -68.7% | -87.4% |
| Market cap | $9.0B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.35% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BRKR | MXCT |
|---|---|---|
| 2022 | -18.3% | -46.4% |
| 2023 | +7.8% | -13.9% |
| 2024 | -20.0% | -11.5% |
| 2025 | -19.2% | -62.7% |
| 2026 | +26.1% | -17.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRKR and MXCT good diversifiers for each other?
Reasonably. At 0.40, BRKR and MXCT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BRKR and MXCT?
Using weekly returns as of 2026-08-27: 0.40 over 3 years, with 0.36 over the last year and 0.42 over 5 years.
Is MXCT a good diversifier for BRKR?
Reasonably. At 0.40, BRKR and MXCT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.40 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/brkr-vs-mxct.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/brkr-vs-mxct/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BRKR correlations · MXCT correlations
