Brookfield Reinsurance Ltd. (NYSE: BNRE-A) Stock Competitors & Peer Comparison
See BNRE-A's competitors and their performance on the NYSE and across the wider stock market.
Peer Comparison Table: Insurance - Reinsurance Industry
Detailed financial metrics including price, market cap, P/E ratio, and more for BNRE-A and its NYSE peers.
| Symbol | Price | Change % | Market Cap | P/E Ratio | EPS | Dividend Yield |
|---|---|---|---|---|---|---|
| BNRE-A | $50.01 | +1.38% | 6.9B | 5.20 | $9.61 | +0.64% |
| RGA | $238.92 | +1.98% | 15.6B | 9.25 | $25.81 | +1.56% |
| RE | $351.28 | +2.93% | 15.3B | 20.75 | $16.93 | +2.28% |
| EG | $385.12 | +2.55% | 15.2B | 7.10 | $54.24 | +2.08% |
| RNR | $329.10 | +3.68% | 14B | 5.99 | $55.00 | +0.49% |
| RNR-PG | $15.15 | +0.63% | 14B | 0.30 | $49.98 | +0.49% |
| BNRE | $47.12 | -0.80% | 6.9B | 4.90 | $9.61 | +0.64% |
| RNR-PF | $20.67 | +0.34% | 6.5B | 0.32 | $64.15 | +0.49% |
| HG | $36.16 | +3.67% | 3.6B | 5.87 | $6.16 | +5.55% |
| SPNT | $25.35 | +2.42% | 3B | 8.75 | $2.90 | N/A |
Stock Comparison
Reinsurance Group of America, Incorporated (NYSE: RGA)
BNRE-A vs RGA Comparison July 2026
Brookfield Reinsurance Ltd. (NYSE: BNRE-A) plays a significant role within the Financial Services sector. Its performance on the NYSE reflects broader market trends and attracts considerable investor interest.
Comparing market capitalization, BNRE-A stands at 6.9B. In comparison, RGA has a market cap of 15.6B. Regarding current trading prices, BNRE-A is priced at $50.01 on the NYSE, while RGA trades at $238.92.
To assess relative profitability and valuation, we examine the Return on Equity (ROE) and Price-to-Earnings (P/E) ratios.
BNRE-A currently has a P/E ratio of 5.20, whereas RGA's P/E ratio is 9.25. In terms of profitability, BNRE-A's ROE is +0.16%, compared to RGA's ROE of +0.09%. Regarding short-term risk, BNRE-A is less volatile compared to RGA. This indicates lower risk in terms of short-term price fluctuations for BNRE-A.Check RGA's competition here
Everest Re Group, Ltd. (NYSE: RE)
BNRE-A vs RE Comparison July 2026
Brookfield Reinsurance Ltd. (NYSE: BNRE-A) plays a significant role within the Financial Services sector. Its performance on the NYSE reflects broader market trends and attracts considerable investor interest.
Comparing market capitalization, BNRE-A stands at 6.9B. In comparison, RE has a market cap of 15.3B. Regarding current trading prices, BNRE-A is priced at $50.01 on the NYSE, while RE trades at $351.28.
To assess relative profitability and valuation, we examine the Return on Equity (ROE) and Price-to-Earnings (P/E) ratios.
BNRE-A currently has a P/E ratio of 5.20, whereas RE's P/E ratio is 20.75. In terms of profitability, BNRE-A's ROE is +0.16%, compared to RE's ROE of +0.13%. Regarding short-term risk, BNRE-A is less volatile compared to RE. This indicates lower risk in terms of short-term price fluctuations for BNRE-A.Check RE's competition here
Everest Group, Ltd. (NYSE: EG)
BNRE-A vs EG Comparison July 2026
Brookfield Reinsurance Ltd. (NYSE: BNRE-A) plays a significant role within the Financial Services sector. Its performance on the NYSE reflects broader market trends and attracts considerable investor interest.
Comparing market capitalization, BNRE-A stands at 6.9B. In comparison, EG has a market cap of 15.2B. Regarding current trading prices, BNRE-A is priced at $50.01 on the NYSE, while EG trades at $385.12.
To assess relative profitability and valuation, we examine the Return on Equity (ROE) and Price-to-Earnings (P/E) ratios.
BNRE-A currently has a P/E ratio of 5.20, whereas EG's P/E ratio is 7.10. In terms of profitability, BNRE-A's ROE is +0.16%, compared to EG's ROE of +0.13%. Regarding short-term risk, BNRE-A is less volatile compared to EG. This indicates lower risk in terms of short-term price fluctuations for BNRE-A.Check EG's competition here
RenaissanceRe Holdings Ltd. (NYSE: RNR)
BNRE-A vs RNR Comparison July 2026
Brookfield Reinsurance Ltd. (NYSE: BNRE-A) plays a significant role within the Financial Services sector. Its performance on the NYSE reflects broader market trends and attracts considerable investor interest.
Comparing market capitalization, BNRE-A stands at 6.9B. In comparison, RNR has a market cap of 14B. Regarding current trading prices, BNRE-A is priced at $50.01 on the NYSE, while RNR trades at $329.10.
To assess relative profitability and valuation, we examine the Return on Equity (ROE) and Price-to-Earnings (P/E) ratios.
BNRE-A currently has a P/E ratio of 5.20, whereas RNR's P/E ratio is 5.99. In terms of profitability, BNRE-A's ROE is +0.16%, compared to RNR's ROE of +0.23%. Regarding short-term risk, BNRE-A is less volatile compared to RNR. This indicates lower risk in terms of short-term price fluctuations for BNRE-A.Check RNR's competition here
RenaissanceRe Holdings Ltd. (NYSE: RNR-PG)
BNRE-A vs RNR-PG Comparison July 2026
Brookfield Reinsurance Ltd. (NYSE: BNRE-A) plays a significant role within the Financial Services sector. Its performance on the NYSE reflects broader market trends and attracts considerable investor interest.
Comparing market capitalization, BNRE-A stands at 6.9B. In comparison, RNR-PG has a market cap of 14B. Regarding current trading prices, BNRE-A is priced at $50.01 on the NYSE, while RNR-PG trades at $15.15.
To assess relative profitability and valuation, we examine the Return on Equity (ROE) and Price-to-Earnings (P/E) ratios.
BNRE-A currently has a P/E ratio of 5.20, whereas RNR-PG's P/E ratio is 0.30. In terms of profitability, BNRE-A's ROE is +0.16%, compared to RNR-PG's ROE of +0.23%. Regarding short-term risk, BNRE-A is less volatile compared to RNR-PG. This indicates lower risk in terms of short-term price fluctuations for BNRE-A.Check RNR-PG's competition here
Brookfield Reinsurance Ltd. (NYSE: BNRE)
BNRE-A vs BNRE Comparison July 2026
Brookfield Reinsurance Ltd. (NYSE: BNRE-A) plays a significant role within the Financial Services sector. Its performance on the NYSE reflects broader market trends and attracts considerable investor interest.
Comparing market capitalization, BNRE-A stands at 6.9B. In comparison, BNRE has a market cap of 6.9B. Regarding current trading prices, BNRE-A is priced at $50.01 on the NYSE, while BNRE trades at $47.12.
To assess relative profitability and valuation, we examine the Return on Equity (ROE) and Price-to-Earnings (P/E) ratios.
BNRE-A currently has a P/E ratio of 5.20, whereas BNRE's P/E ratio is 4.90. In terms of profitability, BNRE-A's ROE is +0.16%, compared to BNRE's ROE of +0.16%. Regarding short-term risk, BNRE-A is less volatile compared to BNRE. This indicates lower risk in terms of short-term price fluctuations for BNRE-A.Check BNRE's competition here
RenaissanceRe Holdings Ltd. (NYSE: RNR-PF)
BNRE-A vs RNR-PF Comparison July 2026
Brookfield Reinsurance Ltd. (NYSE: BNRE-A) plays a significant role within the Financial Services sector. Its performance on the NYSE reflects broader market trends and attracts considerable investor interest.
Comparing market capitalization, BNRE-A stands at 6.9B. In comparison, RNR-PF has a market cap of 6.5B. Regarding current trading prices, BNRE-A is priced at $50.01 on the NYSE, while RNR-PF trades at $20.67.
To assess relative profitability and valuation, we examine the Return on Equity (ROE) and Price-to-Earnings (P/E) ratios.
BNRE-A currently has a P/E ratio of 5.20, whereas RNR-PF's P/E ratio is 0.32. In terms of profitability, BNRE-A's ROE is +0.16%, compared to RNR-PF's ROE of +0.23%. Regarding short-term risk, BNRE-A is less volatile compared to RNR-PF. This indicates lower risk in terms of short-term price fluctuations for BNRE-A.Check RNR-PF's competition here
Hamilton Insurance Group, Ltd. (NYSE: HG)
BNRE-A vs HG Comparison July 2026
Brookfield Reinsurance Ltd. (NYSE: BNRE-A) plays a significant role within the Financial Services sector. Its performance on the NYSE reflects broader market trends and attracts considerable investor interest.
Comparing market capitalization, BNRE-A stands at 6.9B. In comparison, HG has a market cap of 3.6B. Regarding current trading prices, BNRE-A is priced at $50.01 on the NYSE, while HG trades at $36.16.
To assess relative profitability and valuation, we examine the Return on Equity (ROE) and Price-to-Earnings (P/E) ratios.
BNRE-A currently has a P/E ratio of 5.20, whereas HG's P/E ratio is 5.87. In terms of profitability, BNRE-A's ROE is +0.16%, compared to HG's ROE of +0.23%. Regarding short-term risk, BNRE-A is less volatile compared to HG. This indicates lower risk in terms of short-term price fluctuations for BNRE-A.Check HG's competition here
SiriusPoint Ltd. (NYSE: SPNT)
BNRE-A vs SPNT Comparison July 2026
Brookfield Reinsurance Ltd. (NYSE: BNRE-A) plays a significant role within the Financial Services sector. Its performance on the NYSE reflects broader market trends and attracts considerable investor interest.
Comparing market capitalization, BNRE-A stands at 6.9B. In comparison, SPNT has a market cap of 3B. Regarding current trading prices, BNRE-A is priced at $50.01 on the NYSE, while SPNT trades at $25.35.
To assess relative profitability and valuation, we examine the Return on Equity (ROE) and Price-to-Earnings (P/E) ratios.
BNRE-A currently has a P/E ratio of 5.20, whereas SPNT's P/E ratio is 8.75. In terms of profitability, BNRE-A's ROE is +0.16%, compared to SPNT's ROE of +0.22%. Regarding short-term risk, BNRE-A is less volatile compared to SPNT. This indicates lower risk in terms of short-term price fluctuations for BNRE-A.Check SPNT's competition here
Easterly Acquisition Corp. Units (NASDAQ: EACQU)
BNRE-A vs EACQU Comparison July 2026
Brookfield Reinsurance Ltd. (NYSE: BNRE-A) plays a significant role within the Financial Services sector. Its performance on the NYSE reflects broader market trends and attracts considerable investor interest.
Comparing market capitalization, BNRE-A stands at 6.9B. In comparison, EACQU has a market cap of 2.2B. Regarding current trading prices, BNRE-A is priced at $50.01 on the NYSE, while EACQU trades at $10.78.
To assess relative profitability and valuation, we examine the Return on Equity (ROE) and Price-to-Earnings (P/E) ratios.
BNRE-A currently has a P/E ratio of 5.20, whereas EACQU's P/E ratio is -0.07. In terms of profitability, BNRE-A's ROE is +0.16%, compared to EACQU's ROE of +0.22%. Regarding short-term risk, BNRE-A is more volatile compared to EACQU. This indicates higher risk in terms of short-term price fluctuations for BNRE-A.Check EACQU's competition here
Easterly Acquisition Corp. (NASDAQ: EACQ)
BNRE-A vs EACQ Comparison July 2026
Brookfield Reinsurance Ltd. (NYSE: BNRE-A) plays a significant role within the Financial Services sector. Its performance on the NYSE reflects broader market trends and attracts considerable investor interest.
Comparing market capitalization, BNRE-A stands at 6.9B. In comparison, EACQ has a market cap of 2.2B. Regarding current trading prices, BNRE-A is priced at $50.01 on the NYSE, while EACQ trades at $10.44.
To assess relative profitability and valuation, we examine the Return on Equity (ROE) and Price-to-Earnings (P/E) ratios.
BNRE-A currently has a P/E ratio of 5.20, whereas EACQ's P/E ratio is 22.73. In terms of profitability, BNRE-A's ROE is +0.16%, compared to EACQ's ROE of -0.05%. Regarding short-term risk, BNRE-A is less volatile compared to EACQ. This indicates lower risk in terms of short-term price fluctuations for BNRE-A.Check EACQ's competition here
SiriusPoint Ltd. (NYSE: SPNT-PB)
BNRE-A vs SPNT-PB Comparison July 2026
Brookfield Reinsurance Ltd. (NYSE: BNRE-A) plays a significant role within the Financial Services sector. Its performance on the NYSE reflects broader market trends and attracts considerable investor interest.
Comparing market capitalization, BNRE-A stands at 6.9B. In comparison, SPNT-PB has a market cap of 2.2B. Regarding current trading prices, BNRE-A is priced at $50.01 on the NYSE, while SPNT-PB trades at $25.48.
To assess relative profitability and valuation, we examine the Return on Equity (ROE) and Price-to-Earnings (P/E) ratios.
BNRE-A currently has a P/E ratio of 5.20, whereas SPNT-PB's P/E ratio is -12.08. In terms of profitability, BNRE-A's ROE is +0.16%, compared to SPNT-PB's ROE of +0.22%. Regarding short-term risk, BNRE-A is less volatile compared to SPNT-PB. This indicates lower risk in terms of short-term price fluctuations for BNRE-A.Check SPNT-PB's competition here
Brookfield Reinsurance Ltd. (NYSE: BAMR)
BNRE-A vs BAMR Comparison July 2026
Brookfield Reinsurance Ltd. (NYSE: BNRE-A) plays a significant role within the Financial Services sector. Its performance on the NYSE reflects broader market trends and attracts considerable investor interest.
Comparing market capitalization, BNRE-A stands at 6.9B. In comparison, BAMR has a market cap of 1.6B. Regarding current trading prices, BNRE-A is priced at $50.01 on the NYSE, while BAMR trades at $33.92.
To assess relative profitability and valuation, we examine the Return on Equity (ROE) and Price-to-Earnings (P/E) ratios.
BNRE-A currently has a P/E ratio of 5.20, whereas BAMR's P/E ratio is 3.03. In terms of profitability, BNRE-A's ROE is +0.16%, compared to BAMR's ROE of N/A. Regarding short-term risk, BNRE-A is less volatile compared to BAMR. This indicates lower risk in terms of short-term price fluctuations for BNRE-A.Check BAMR's competition here
Greenlight Capital Re, Ltd. (NASDAQ: GLRE)
BNRE-A vs GLRE Comparison July 2026
Brookfield Reinsurance Ltd. (NYSE: BNRE-A) plays a significant role within the Financial Services sector. Its performance on the NYSE reflects broader market trends and attracts considerable investor interest.
Comparing market capitalization, BNRE-A stands at 6.9B. In comparison, GLRE has a market cap of 563.5M. Regarding current trading prices, BNRE-A is priced at $50.01 on the NYSE, while GLRE trades at $16.99.
To assess relative profitability and valuation, we examine the Return on Equity (ROE) and Price-to-Earnings (P/E) ratios.
BNRE-A currently has a P/E ratio of 5.20, whereas GLRE's P/E ratio is 7.17. In terms of profitability, BNRE-A's ROE is +0.16%, compared to GLRE's ROE of +0.12%. Regarding short-term risk, BNRE-A is less volatile compared to GLRE. This indicates lower risk in terms of short-term price fluctuations for BNRE-A.Check GLRE's competition here
Maiden Holdings, Ltd. (NASDAQ: MHLD)
BNRE-A vs MHLD Comparison July 2026
Brookfield Reinsurance Ltd. (NYSE: BNRE-A) plays a significant role within the Financial Services sector. Its performance on the NYSE reflects broader market trends and attracts considerable investor interest.
Comparing market capitalization, BNRE-A stands at 6.9B. In comparison, MHLD has a market cap of 114.6M. Regarding current trading prices, BNRE-A is priced at $50.01 on the NYSE, while MHLD trades at $1.15.
To assess relative profitability and valuation, we examine the Return on Equity (ROE) and Price-to-Earnings (P/E) ratios.
BNRE-A currently has a P/E ratio of 5.20, whereas MHLD's P/E ratio is -0.55. In terms of profitability, BNRE-A's ROE is +0.16%, compared to MHLD's ROE of -1.37%. Regarding short-term risk, BNRE-A is less volatile compared to MHLD. This indicates lower risk in terms of short-term price fluctuations for BNRE-A.Check MHLD's competition here
PartnerRe Ltd. (NYSE: PRE-PJ)
BNRE-A vs PRE-PJ Comparison July 2026
Brookfield Reinsurance Ltd. (NYSE: BNRE-A) plays a significant role within the Financial Services sector. Its performance on the NYSE reflects broader market trends and attracts considerable investor interest.
Comparing market capitalization, BNRE-A stands at 6.9B. In comparison, PRE-PJ has a market cap of 72.7M. Regarding current trading prices, BNRE-A is priced at $50.01 on the NYSE, while PRE-PJ trades at $16.75.
To assess relative profitability and valuation, we examine the Return on Equity (ROE) and Price-to-Earnings (P/E) ratios.
BNRE-A currently has a P/E ratio of 5.20, whereas PRE-PJ's P/E ratio is 8.13. In terms of profitability, BNRE-A's ROE is +0.16%, compared to PRE-PJ's ROE of -0.47%. Regarding short-term risk, BNRE-A is less volatile compared to PRE-PJ. This indicates lower risk in terms of short-term price fluctuations for BNRE-A.Check PRE-PJ's competition here
Oxbridge Re Holdings Limited (NASDAQ: OXBR)
BNRE-A vs OXBR Comparison July 2026
Brookfield Reinsurance Ltd. (NYSE: BNRE-A) plays a significant role within the Financial Services sector. Its performance on the NYSE reflects broader market trends and attracts considerable investor interest.
Comparing market capitalization, BNRE-A stands at 6.9B. In comparison, OXBR has a market cap of 12.7M. Regarding current trading prices, BNRE-A is priced at $50.01 on the NYSE, while OXBR trades at $1.57.
To assess relative profitability and valuation, we examine the Return on Equity (ROE) and Price-to-Earnings (P/E) ratios.
BNRE-A currently has a P/E ratio of 5.20, whereas OXBR's P/E ratio is -6.28. In terms of profitability, BNRE-A's ROE is +0.16%, compared to OXBR's ROE of -0.54%. Regarding short-term risk, BNRE-A is less volatile compared to OXBR. This indicates lower risk in terms of short-term price fluctuations for BNRE-A.Check OXBR's competition here
Oxbridge Re Holdings Limited (NASDAQ: OXBRW)
BNRE-A vs OXBRW Comparison July 2026
Brookfield Reinsurance Ltd. (NYSE: BNRE-A) plays a significant role within the Financial Services sector. Its performance on the NYSE reflects broader market trends and attracts considerable investor interest.
Comparing market capitalization, BNRE-A stands at 6.9B. In comparison, OXBRW has a market cap of 12.6M. Regarding current trading prices, BNRE-A is priced at $50.01 on the NYSE, while OXBRW trades at $0.10.
To assess relative profitability and valuation, we examine the Return on Equity (ROE) and Price-to-Earnings (P/E) ratios.
BNRE-A currently has a P/E ratio of 5.20, whereas OXBRW's P/E ratio is -0.26. In terms of profitability, BNRE-A's ROE is +0.16%, compared to OXBRW's ROE of -0.54%. Regarding short-term risk, BNRE-A is less volatile compared to OXBRW. This indicates lower risk in terms of short-term price fluctuations for BNRE-A.Check OXBRW's competition here
Reinsurance Group of America, Incorporated (NYSE: RZA)
BNRE-A vs RZA Comparison July 2026
Brookfield Reinsurance Ltd. (NYSE: BNRE-A) plays a significant role within the Financial Services sector. Its performance on the NYSE reflects broader market trends and attracts considerable investor interest.
Comparing market capitalization, BNRE-A stands at 6.9B. In comparison, RZA has a market cap of 0. Regarding current trading prices, BNRE-A is priced at $50.01 on the NYSE, while RZA trades at $24.98.
To assess relative profitability and valuation, we examine the Return on Equity (ROE) and Price-to-Earnings (P/E) ratios.
BNRE-A currently has a P/E ratio of 5.20, whereas RZA's P/E ratio is N/A. In terms of profitability, BNRE-A's ROE is +0.16%, compared to RZA's ROE of -0.02%. Regarding short-term risk, BNRE-A is less volatile compared to RZA. This indicates lower risk in terms of short-term price fluctuations for BNRE-A.Check RZA's competition here
Maiden Holdings, Ltd. (NYSE: MH-PD)
BNRE-A vs MH-PD Comparison July 2026
Brookfield Reinsurance Ltd. (NYSE: BNRE-A) plays a significant role within the Financial Services sector. Its performance on the NYSE reflects broader market trends and attracts considerable investor interest.
Comparing market capitalization, BNRE-A stands at 6.9B. In comparison, MH-PD has a market cap of 0. Regarding current trading prices, BNRE-A is priced at $50.01 on the NYSE, while MH-PD trades at $6.00.
To assess relative profitability and valuation, we examine the Return on Equity (ROE) and Price-to-Earnings (P/E) ratios.
BNRE-A currently has a P/E ratio of 5.20, whereas MH-PD's P/E ratio is N/A. In terms of profitability, BNRE-A's ROE is +0.16%, compared to MH-PD's ROE of +0.29%. Regarding short-term risk, BNRE-A is less volatile compared to MH-PD. This indicates lower risk in terms of short-term price fluctuations for BNRE-A.Check MH-PD's competition here
Maiden Holdings, Ltd. (NYSE: MH-PA)
BNRE-A vs MH-PA Comparison July 2026
Brookfield Reinsurance Ltd. (NYSE: BNRE-A) plays a significant role within the Financial Services sector. Its performance on the NYSE reflects broader market trends and attracts considerable investor interest.
Comparing market capitalization, BNRE-A stands at 6.9B. In comparison, MH-PA has a market cap of 0. Regarding current trading prices, BNRE-A is priced at $50.01 on the NYSE, while MH-PA trades at $5.93.
To assess relative profitability and valuation, we examine the Return on Equity (ROE) and Price-to-Earnings (P/E) ratios.
BNRE-A currently has a P/E ratio of 5.20, whereas MH-PA's P/E ratio is N/A. In terms of profitability, BNRE-A's ROE is +0.16%, compared to MH-PA's ROE of +0.29%. Regarding short-term risk, BNRE-A is less volatile compared to MH-PA. This indicates lower risk in terms of short-term price fluctuations for BNRE-A.Check MH-PA's competition here
Maiden Holdings, Ltd. (NYSE: MH-PC)
BNRE-A vs MH-PC Comparison July 2026
Brookfield Reinsurance Ltd. (NYSE: BNRE-A) plays a significant role within the Financial Services sector. Its performance on the NYSE reflects broader market trends and attracts considerable investor interest.
Comparing market capitalization, BNRE-A stands at 6.9B. In comparison, MH-PC has a market cap of 0. Regarding current trading prices, BNRE-A is priced at $50.01 on the NYSE, while MH-PC trades at $5.98.
To assess relative profitability and valuation, we examine the Return on Equity (ROE) and Price-to-Earnings (P/E) ratios.
BNRE-A currently has a P/E ratio of 5.20, whereas MH-PC's P/E ratio is N/A. In terms of profitability, BNRE-A's ROE is +0.16%, compared to MH-PC's ROE of +0.29%. Regarding short-term risk, BNRE-A is less volatile compared to MH-PC. This indicates lower risk in terms of short-term price fluctuations for BNRE-A.Check MH-PC's competition here
RenaissanceRe Holdings Ltd. (NYSE: RNR-PE)
BNRE-A vs RNR-PE Comparison July 2026
Brookfield Reinsurance Ltd. (NYSE: BNRE-A) plays a significant role within the Financial Services sector. Its performance on the NYSE reflects broader market trends and attracts considerable investor interest.
Comparing market capitalization, BNRE-A stands at 6.9B. In comparison, RNR-PE has a market cap of 0. Regarding current trading prices, BNRE-A is priced at $50.01 on the NYSE, while RNR-PE trades at $25.24.
To assess relative profitability and valuation, we examine the Return on Equity (ROE) and Price-to-Earnings (P/E) ratios.
BNRE-A currently has a P/E ratio of 5.20, whereas RNR-PE's P/E ratio is 2.39. In terms of profitability, BNRE-A's ROE is +0.16%, compared to RNR-PE's ROE of +0.23%. Regarding short-term risk, BNRE-A is less volatile compared to RNR-PE. This indicates lower risk in terms of short-term price fluctuations for BNRE-A.Check RNR-PE's competition here