BRKR vs TXG: Correlation
Measured on weekly returns over the past three years, Bruker Corporation (BRKR) and 10x Genomics, Inc. (TXG) carry a correlation of 0.56, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRKR and TXG?
On 3 years of weekly data the BRKR/TXG correlation comes out at 0.56, moderate. Recent behaviour matches the longer record: 0.60 over 1 year against 0.56 over 3. The 5-year figure is 0.55, and annualized covariance runs at 1773.7 %².
By 3-year correlation, TXG places #6 of the 13 assets tracked against BRKR. Correlation aside, the last 12 months split them widely, with TXG ahead by 285.3 points (+77.3% versus +362.6%).
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 TXG: side by side
| BRKR (Bruker Corporation) | TXG (10x Genomics, Inc.) | |
|---|---|---|
| 1-year return | +77.3% | +362.6% |
| 5-year return | -32.8% | -62.7% |
| Volatility (ann.) | 49.5% | 64.3% |
| Beta vs S&P 500 | 1.17 | 1.55 |
| Max drawdown (3Y) | -68.7% | -87.6% |
| Market cap | $9.0B | $8.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.35% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BRKR | TXG |
|---|---|---|
| 2022 | -18.3% | -75.5% |
| 2023 | +7.8% | +53.6% |
| 2024 | -20.0% | -74.3% |
| 2025 | -19.2% | +13.6% |
| 2026 | +26.1% | +297.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRKR and TXG good diversifiers for each other?
To a limited degree. At 0.56 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between BRKR and TXG?
The BRKR/TXG correlation stands at 0.56 on a 3-year window (1 year: 0.60, 5 years: 0.55), computed from weekly returns as of 2026-08-27.
Is TXG a good diversifier for BRKR?
To a limited degree. At 0.56 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.56 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-txg.json
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Related comparisons
Hubs: BRKR correlations · TXG correlations
