ARHS vs BXC: Correlation
Arhaus, Inc. (ARHS) and Bluelinx Holdings Inc. (BXC) show a moderate relationship: their 3-year correlation of weekly returns is 0.53.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARHS and BXC?
Across a 3-year window, the weekly returns of ARHS and BXC correlate at 0.53, moderate. The past 12 months show a tighter link (0.64) than the 3-year average (0.53). Stretching to 5 years gives 0.41, with an annualized covariance of 1927.6 %².
In ARHS's tracked universe of 15 assets, BXC sits right near the top at #3. The last year tells two different stories: BXC led by 20.3 percentage points, -22.9% for ARHS against -2.6% for BXC.
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.
ARHS vs BXC: side by side
| ARHS (Arhaus, Inc.) | BXC (Bluelinx Holdings Inc.) | |
|---|---|---|
| 1-year return | -22.9% | -2.6% |
| 5-year return | -25.3% | +33.6% |
| Volatility (ann.) | 57.7% | 62.7% |
| Beta vs S&P 500 | 1.73 | 1.54 |
| Max drawdown (3Y) | -69.3% | -65.6% |
| Market cap | $1.2B | $0.6B |
| P/E (trailing) | 18.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ARHS | BXC |
|---|---|---|
| 2022 | -26.4% | -25.7% |
| 2023 | +21.5% | +59.3% |
| 2024 | -17.9% | -9.8% |
| 2025 | +19.3% | -39.9% |
| 2026 | -17.5% | +29.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARHS and BXC good diversifiers for each other?
To a limited degree. At 0.53 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 ARHS and BXC?
As of 2026-08-27, the correlation of weekly returns between ARHS and BXC is 0.53 over 3 years, 0.64 over 1 year and 0.41 over 5 years.
Is BXC a good diversifier for ARHS?
To a limited degree. At 0.53 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 0.53 mean?
On the −1 to +1 scale, 0.53 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/arhs-vs-bxc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/arhs-vs-bxc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ARHS correlations · BXC correlations
