BBW vs BRCC: Correlation
Build-A-Bear Workshop, Inc. (BBW) and BRC Inc. (BRCC) show a negative relationship: their 3-year correlation of weekly returns is -0.31.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BBW and BRCC?
Over the past 3 years, BBW and BRCC moved with a correlation of -0.31, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.48 versus -0.31 over 3 years. Over 5 years the correlation is -0.24, and the annualized covariance of weekly returns is -7470.0 %².
Out of 16 assets tracked against BBW, BRCC lands near the bottom at #13. The last year tells two different stories: BRCC led by 470.9 percentage points, -50.4% for BBW against +420.5% for BRCC. Note the risk asymmetry: BRCC runs 10.3 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
BBW vs BRCC: side by side
| BBW (Build-A-Bear Workshop, Inc.) | BRCC (BRC Inc.) | |
|---|---|---|
| 1-year return | -50.4% | +420.5% |
| 5-year return | +86.4% | -46.4% |
| Volatility (ann.) | 48.4% | 497.7% |
| Beta vs S&P 500 | 0.89 | 2.05 |
| Max drawdown (3Y) | -61.7% | -90.8% |
| Market cap | – | $0.1B |
| P/E (trailing) | 9.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BBW | BRCC |
|---|---|---|
| 2022 | +22.1% | – |
| 2023 | +2.8% | -40.6% |
| 2024 | +105.6% | -12.7% |
| 2025 | +35.4% | -65.0% |
| 2026 | -53.0% | +655.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BBW and BRCC good diversifiers for each other?
Yes. With a correlation of -0.31, BBW and BRCC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BBW and BRCC?
The BBW/BRCC correlation stands at -0.31 on a 3-year window (1 year: -0.48, 5 years: -0.24), computed from weekly returns as of 2026-08-27.
Is BRCC a good diversifier for BBW?
Yes. With a correlation of -0.31, BBW and BRCC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.31 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/bbw-vs-brcc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bbw-vs-brcc/)
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Related comparisons
Hubs: BBW correlations · BRCC correlations
