BXP vs INSG: Correlation
Measured on weekly returns over the past three years, BXP, Inc. (BXP) and Inseego Corp. (INSG) carry a correlation of 0.39, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BXP and INSG?
On 3 years of weekly data the BXP/INSG correlation comes out at 0.39, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.23 versus 0.39 over 3 years. The 5-year figure is 0.34, and annualized covariance runs at 1307.9 %².
Among the 45 assets we track against BXP, INSG ranks #32 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months BXP outperformed by 67.3 percentage points (+2.9% for BXP against -64.4% for INSG). Note the risk asymmetry: INSG runs 3.0 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.
BXP vs INSG: side by side
| BXP (BXP, Inc.) | INSG (Inseego Corp.) | |
|---|---|---|
| 1-year return | +2.9% | -64.4% |
| 5-year return | -18.9% | -94.8% |
| Volatility (ann.) | 33.1% | 100.6% |
| Beta vs S&P 500 | 1.02 | 2.19 |
| Max drawdown (3Y) | -39.0% | -80.2% |
| Market cap | $12.7B | $0.1B |
| P/E (trailing) | 37.8 | 31.4 |
| Dividend yield | 3.98% | 0.00% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | BXP | INSG |
|---|---|---|
| 2022 | -38.6% | -85.6% |
| 2023 | +11.0% | -73.8% |
| 2024 | +12.3% | +366.4% |
| 2025 | -4.7% | +0.1% |
| 2026 | +6.2% | -57.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BXP and INSG good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BXP and INSG?
As of 2026-08-27, the correlation of weekly returns between BXP and INSG is 0.39 over 3 years, 0.23 over 1 year and 0.34 over 5 years.
Is INSG a good diversifier for BXP?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.39 mean?
On the −1 to +1 scale, 0.39 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bxp-vs-insg.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bxp-vs-insg/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BXP correlations · INSG correlations
