BC vs GEF: Correlation
How closely do Brunswick Corporation (BC) and Greif Inc. (GEF) trade together? Their weekly returns over three years give a correlation of 0.60, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BC and GEF?
Across a 3-year window, the weekly returns of BC and GEF correlate at 0.60, strong. Lately the two have drifted apart, with the 1-year correlation at 0.48 versus 0.60 over 3 years. Stretching to 5 years gives 0.53, with an annualized covariance of 601.8 %².
Within BC's tracked universe of 58 assets, GEF comes in at #20 by 3-year correlation. Over the last 12 months GEF came out ahead by 11.2 percentage points (+21.7% against +32.9%).
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 GEF: side by side
| BC (Brunswick Corporation) | GEF (Greif Inc.) | |
|---|---|---|
| 1-year return | +21.7% | +32.9% |
| 5-year return | -15.3% | +58.9% |
| Volatility (ann.) | 35.8% | 27.9% |
| Beta vs S&P 500 | 1.22 | 0.71 |
| Max drawdown (3Y) | -56.5% | -30.8% |
| Market cap | $5.0B | $4.8B |
| P/E (trailing) | – | 34.9 |
| Dividend yield | 2.18% | 4.84% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BC | GEF |
|---|---|---|
| 2022 | -27.1% | +14.5% |
| 2023 | +36.9% | +0.9% |
| 2024 | -31.8% | -3.6% |
| 2025 | +18.1% | +14.8% |
| 2026 | +6.2% | +27.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BC and GEF good diversifiers for each other?
To a limited degree. At 0.60 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between BC and GEF?
Using weekly returns as of 2026-08-27: 0.60 over 3 years, with 0.48 over the last year and 0.53 over 5 years.
Is GEF a good diversifier for BC?
To a limited degree. At 0.60 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.60 mean?
A reading of 0.60 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bc-vs-gef.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bc-vs-gef/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BC correlations · GEF correlations
