BRO vs RYAN: Correlation
Brown & Brown (BRO) and Ryan Specialty Holdings, Inc. (RYAN) show a strong relationship: their 3-year correlation of weekly returns is 0.63.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRO and RYAN?
Over the past 3 years, BRO and RYAN moved with a correlation of 0.63, which is strong. The relationship has been stable: the 1-year correlation (0.66) sits close to the 3-year figure. Over 5 years the correlation is 0.50, and the annualized covariance of weekly returns is 508.3 %².
Among the 35 assets we track against BRO, RYAN ranks #4 by 3-year correlation. Their 12-month results are close: -25.0% for BRO against -23.3% for RYAN.
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.
BRO vs RYAN: side by side
| BRO (Brown & Brown) | RYAN (Ryan Specialty Holdings, Inc.) | |
|---|---|---|
| 1-year return | -25.0% | -23.3% |
| 5-year return | +27.5% | +36.6% |
| Volatility (ann.) | 24.4% | 33.3% |
| Beta vs S&P 500 | 0.39 | 0.36 |
| Max drawdown (3Y) | -55.8% | -60.9% |
| Market cap | $23.9B | $17.0B |
| P/E (trailing) | 23.3 | 58.8 |
| Dividend yield | 0.89% | 1.16% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | BRO | RYAN |
|---|---|---|
| 2022 | -18.4% | +2.9% |
| 2023 | +25.7% | +3.6% |
| 2024 | +44.3% | +50.9% |
| 2025 | -21.4% | -18.9% |
| 2026 | -9.7% | -14.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRO and RYAN good diversifiers for each other?
Somewhat, no more. With 0.63 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BRO and RYAN?
The BRO/RYAN correlation stands at 0.63 on a 3-year window (1 year: 0.66, 5 years: 0.50), computed from weekly returns as of 2026-08-27.
Is RYAN a good diversifier for BRO?
Somewhat, no more. With 0.63 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.63 mean?
A reading of 0.63 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/bro-vs-ryan.json
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Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BRO correlations · RYAN correlations
