BATRK vs EVT: Correlation
How closely do Atlanta Braves Holdings, Inc. - Series C (BATRK) and Eaton Vance Tax Advantaged Dividend Income Fund (EVT) trade together? Their weekly returns over three years give a correlation of 0.47, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BATRK and EVT?
On 3 years of weekly data the BATRK/EVT correlation comes out at 0.47, moderate. The past 12 months show a weaker link (0.32) than the 3-year average (0.47). The 5-year figure is 0.44, and annualized covariance runs at 138.0 %².
Few assets follow BATRK as closely as EVT, which ranks #3 of 12 tracked partners. The last year tells two different stories: EVT led by 15.5 percentage points, +13.3% for BATRK against +28.8% for EVT.
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.
BATRK vs EVT: side by side
| BATRK (Atlanta Braves Holdings, Inc. - Series C) | EVT (Eaton Vance Tax Advantaged Dividend Income Fund) | |
|---|---|---|
| 1-year return | +13.3% | +28.8% |
| 5-year return | +96.3% | +51.3% |
| Volatility (ann.) | 19.0% | 15.3% |
| Beta vs S&P 500 | 0.50 | 0.85 |
| Max drawdown (3Y) | -18.7% | -18.7% |
| Market cap | $3.3B | $2.2B |
| P/E (trailing) | – | 4.5 |
| Dividend yield | 0.00% | 6.80% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BATRK | EVT |
|---|---|---|
| 2022 | +14.7% | -17.3% |
| 2023 | +22.8% | +5.8% |
| 2024 | -3.3% | +17.4% |
| 2025 | +3.1% | +13.8% |
| 2026 | +28.8% | +20.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BATRK and EVT good diversifiers for each other?
Reasonably. At 0.47, BATRK and EVT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BATRK and EVT?
The BATRK/EVT correlation stands at 0.47 on a 3-year window (1 year: 0.32, 5 years: 0.44), computed from weekly returns as of 2026-08-27.
Is EVT a good diversifier for BATRK?
Reasonably. At 0.47, BATRK and EVT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.47 mean?
On the −1 to +1 scale, 0.47 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/batrk-vs-evt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/batrk-vs-evt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BATRK correlations · EVT correlations
