BC vs DBI: Correlation
How closely do Brunswick Corporation (BC) and Designer Brands Inc. (DBI) 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 BC and DBI?
On 3 years of weekly data the BC/DBI correlation comes out at 0.47, moderate. Little has changed lately, as the 1-year reading of 0.49 lands near the 3-year figure. The 5-year figure is 0.44, and annualized covariance runs at 1387.6 %².
Among the 58 assets we track against BC, DBI ranks #45 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months DBI outperformed by 28.8 percentage points (+21.7% for BC against +50.5% for DBI). Risk is not evenly split, since DBI carries 2.3 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.
BC vs DBI: side by side
| BC (Brunswick Corporation) | DBI (Designer Brands Inc.) | |
|---|---|---|
| 1-year return | +21.7% | +50.5% |
| 5-year return | -15.3% | -60.6% |
| Volatility (ann.) | 35.8% | 82.9% |
| Beta vs S&P 500 | 1.22 | 1.72 |
| Max drawdown (3Y) | -56.5% | -81.7% |
| Market cap | $5.0B | $0.3B |
| P/E (trailing) | – | 26.0 |
| Dividend yield | 2.18% | 3.50% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BC | DBI |
|---|---|---|
| 2022 | -27.1% | -30.1% |
| 2023 | +36.9% | -7.7% |
| 2024 | -31.8% | -38.0% |
| 2025 | +18.1% | +46.5% |
| 2026 | +6.2% | -25.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BC and DBI good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BC and DBI?
The BC/DBI correlation stands at 0.47 on a 3-year window (1 year: 0.49, 5 years: 0.44), computed from weekly returns as of 2026-08-27.
Is DBI a good diversifier for BC?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.47 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/bc-vs-dbi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bc-vs-dbi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BC correlations · DBI correlations
