PairBook
HomeBC › BC vs BLCO

BC vs BLCO: Correlation

Measured on weekly returns over the past three years, Brunswick Corporation (BC) and Bausch + Lomb Corporation (BLCO) carry a correlation of 0.43, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.43
moderate
Correlation (1Y)
0.44
last 12 months
Correlation (5Y)
0.37
long-run
Ann. covariance
606.4
%² · weekly, annualized

How correlated are BC and BLCO?

On 3 years of weekly data the BC/BLCO correlation comes out at 0.43, moderate. Little has changed lately, as the 1-year reading of 0.44 lands near the 3-year figure. The 5-year figure is 0.37, and annualized covariance runs at 606.4 %².

Within BC's tracked universe of 58 assets, BLCO comes in at #53 by 3-year correlation. Twelve-month performance is nearly a tie, at +21.7% for BC and +17.7% for BLCO.

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.

BC vs BLCO: side by side

BC (Brunswick Corporation)BLCO (Bausch + Lomb Corporation)
1-year return+21.7%+17.7%
5-year return-15.3%-14.4%
Volatility (ann.)35.8%39.6%
Beta vs S&P 5001.220.82
Max drawdown (3Y)-56.5%-47.9%
Market cap$5.0B$6.1B
P/E (trailing)
Dividend yield2.18%0.00%
Sector / categoryUS ListedUS Listed
Higher yield: BC 2.18% vs 0.00%Smaller drawdown: BLCO -47.9% vs -56.5%Higher 5y return: BLCO -14.4% vs -15.3%
-12%0%+35%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. BC · BLCO

Year-by-year returns

YearBCBLCO
2022-27.1%
2023+36.9%+10.0%
2024-31.8%+5.9%
2025+18.1%-5.4%
2026+6.2%+0.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are BC and BLCO good diversifiers for each other?

Reasonably. At 0.43, BC and BLCO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between BC and BLCO?

As of 2026-08-27, the correlation of weekly returns between BC and BLCO is 0.43 over 3 years, 0.44 over 1 year and 0.37 over 5 years.

Is BLCO a good diversifier for BC?

Reasonably. At 0.43, BC and BLCO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.43 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/bc-vs-blco.json

BC vs BLCO: 3-year weekly correlation 0.43BC vs BLCO0.43

Markdown for the live badge, attribution link included:

[![BC vs BLCO correlation](https://www.pairbook.io/api/v1/badge/bc-vs-blco.svg)](https://www.pairbook.io/pair/bc-vs-blco/)

The core API is free. Terms and every endpoint in the API documentation.

Related comparisons

Hubs: BC correlations · BLCO correlations