BC vs JBHT: Correlation
Measured on weekly returns over the past three years, Brunswick Corporation (BC) and J.B. Hunt (JBHT) carry a correlation of 0.60, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BC and JBHT?
On 3 years of weekly data the BC/JBHT correlation comes out at 0.60, strong. The past 12 months show a weaker link (0.49) than the 3-year average (0.60). The 5-year figure is 0.57, and annualized covariance runs at 642.2 %².
By 3-year correlation, JBHT places #22 of the 58 assets tracked against BC. Correlation aside, the last 12 months split them widely, with JBHT ahead by 60.4 points (+21.7% versus +82.1%).
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 JBHT: side by side
| BC (Brunswick Corporation) | JBHT (J.B. Hunt) | |
|---|---|---|
| 1-year return | +21.7% | +82.1% |
| 5-year return | -15.3% | +51.0% |
| Volatility (ann.) | 35.8% | 30.0% |
| Beta vs S&P 500 | 1.22 | 0.93 |
| Max drawdown (3Y) | -56.5% | -42.4% |
| Market cap | $5.0B | $24.7B |
| P/E (trailing) | – | 37.5 |
| Dividend yield | 2.18% | 0.68% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | BC | JBHT |
|---|---|---|
| 2022 | -27.1% | -13.9% |
| 2023 | +36.9% | +15.6% |
| 2024 | -31.8% | -13.8% |
| 2025 | +18.1% | +15.2% |
| 2026 | +6.2% | +36.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BC and JBHT 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 JBHT?
As of 2026-08-27, the correlation of weekly returns between BC and JBHT is 0.60 over 3 years, 0.49 over 1 year and 0.57 over 5 years.
Is JBHT 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?
On the −1 to +1 scale, 0.60 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bc-vs-jbht.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bc-vs-jbht/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BC correlations · JBHT correlations
