BBUC vs RSP: Correlation
How closely do Brookfield Business Corporation Class A Subordinate Voting (BBUC) and Invesco S&P 500 Equal Weight ETF (RSP) trade together? Their weekly returns over three years give a correlation of 0.62, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BBUC and RSP?
On 3 years of weekly data the BBUC/RSP correlation comes out at 0.62, strong. The link has loosened recently: the 1-year correlation (0.25) runs below the 3-year figure (0.62). The 5-year figure is 0.59, and annualized covariance runs at 340.9 %².
By 3-year correlation, RSP places #4 of the 13 assets tracked against BBUC. The last year tells two different stories: RSP led by 38.5 percentage points, -19.3% for BBUC against +19.2% for RSP. Risk is not evenly split, since BBUC carries 3.2 times the volatility of the other side.
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.
BBUC vs RSP: side by side
| BBUC (Brookfield Business Corporation Class A Subordinate Voting) | RSP (Invesco S&P 500 Equal Weight ETF) | |
|---|---|---|
| 1-year return | -19.3% | +19.2% |
| 5-year return | -20.8% | +53.9% |
| Volatility (ann.) | 41.8% | 13.2% |
| Beta vs S&P 500 | 1.45 | 0.77 |
| Max drawdown (3Y) | -29.3% | -17.8% |
| Market cap | $5.7B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.89% | 1.49% |
| Expense ratio | – | 0.20% |
| Assets under management | – | $97.3B |
| Sector / category | US Listed | ETF · US Large Cap |
On the fund side, RSP sits in the Large Blend category at Invesco, with $97.3B under management, 505 holdings, a 0.20% expense ratio, a 1.49% trailing dividend yield.
Year-by-year returns
| Year | BBUC | RSP |
|---|---|---|
| 2022 | – | -11.6% |
| 2023 | +25.6% | +13.7% |
| 2024 | +5.4% | +12.8% |
| 2025 | +48.8% | +11.2% |
| 2026 | -21.9% | +16.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BBUC and RSP good diversifiers for each other?
Somewhat, no more. With 0.62 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BBUC and RSP?
The BBUC/RSP correlation stands at 0.62 on a 3-year window (1 year: 0.25, 5 years: 0.59), computed from weekly returns as of 2026-08-27.
Is RSP a good diversifier for BBUC?
Somewhat, no more. With 0.62 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.62 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bbuc-vs-rsp.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bbuc-vs-rsp/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BBUC correlations · RSP correlations
