ATKR vs BXC: Correlation
Atkore Inc. (ATKR) and Bluelinx Holdings Inc. (BXC) show a moderate relationship: their 3-year correlation of weekly returns is 0.58.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ATKR and BXC?
On 3 years of weekly data the ATKR/BXC correlation comes out at 0.58, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.68 versus 0.58 over 3 years. The 5-year figure is 0.62, and annualized covariance runs at 1692.8 %².
Few assets follow ATKR as closely as BXC, which ranks #2 of 13 tracked partners. Their recent paths diverged sharply: over the last 12 months ATKR outperformed by 62.5 percentage points (+59.9% for ATKR 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.
ATKR vs BXC: side by side
| ATKR (Atkore Inc.) | BXC (Bluelinx Holdings Inc.) | |
|---|---|---|
| 1-year return | +59.9% | -2.6% |
| 5-year return | +5.7% | +33.6% |
| Volatility (ann.) | 46.4% | 62.7% |
| Beta vs S&P 500 | 1.37 | 1.54 |
| Max drawdown (3Y) | -72.8% | -65.6% |
| Market cap | $3.2B | $0.6B |
| P/E (trailing) | – | – |
| Dividend yield | 1.41% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ATKR | BXC |
|---|---|---|
| 2022 | +2.0% | -25.7% |
| 2023 | +41.1% | +59.3% |
| 2024 | -47.3% | -9.8% |
| 2025 | -22.7% | -39.9% |
| 2026 | +50.0% | +29.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATKR and BXC good diversifiers for each other?
To a limited degree. At 0.58 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 ATKR and BXC?
As of 2026-08-27, the correlation of weekly returns between ATKR and BXC is 0.58 over 3 years, 0.68 over 1 year and 0.62 over 5 years.
Is BXC a good diversifier for ATKR?
To a limited degree. At 0.58 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 0.58 mean?
A reading of 0.58 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/atkr-vs-bxc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/atkr-vs-bxc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ATKR correlations · BXC correlations
