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BC vs OXM: Correlation

Brunswick Corporation (BC) and Oxford Industries, Inc. (OXM) show a moderate relationship: their 3-year correlation of weekly returns is 0.49.

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

Correlation (3Y)
0.49
moderate
Correlation (1Y)
0.42
last 12 months
Correlation (5Y)
0.44
long-run
Ann. covariance
829.7
%² · weekly, annualized

How correlated are BC and OXM?

Over the past 3 years, BC and OXM moved with a correlation of 0.49, which is moderate. Recent behaviour matches the longer record: 0.42 over 1 year against 0.49 over 3. Over 5 years the correlation is 0.44, and the annualized covariance of weekly returns is 829.7 %².

Among the 58 assets we track against BC, OXM ranks #40 by 3-year correlation. The last year tells two different stories: BC led by 30.9 percentage points, +21.7% for BC against -9.2% for OXM.

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 OXM: side by side

BC (Brunswick Corporation)OXM (Oxford Industries, Inc.)
1-year return+21.7%-9.2%
5-year return-15.3%-50.3%
Volatility (ann.)35.8%47.0%
Beta vs S&P 5001.221.00
Max drawdown (3Y)-56.5%-69.4%
Market cap$5.0B$0.6B
P/E (trailing)
Dividend yield2.18%7.14%
Sector / categoryUS ListedUS Listed
Higher yield: OXM 7.14% vs 2.18%Smaller drawdown: BC -56.5% vs -69.4%Higher 5y return: BC -15.3% vs -50.3%
-19%0%+35%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. BC · OXM

Year-by-year returns

YearBCOXM
2022-27.1%-6.1%
2023+36.9%+10.0%
2024-31.8%-18.9%
2025+18.1%-54.0%
2026+6.2%+17.3%

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

Are BC and OXM good diversifiers for each other?

A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between BC and OXM?

As of 2026-08-27, the correlation of weekly returns between BC and OXM is 0.49 over 3 years, 0.42 over 1 year and 0.44 over 5 years.

Is OXM a good diversifier for BC?

A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.49 mean?

On the −1 to +1 scale, 0.49 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

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

BC vs OXM: 3-year weekly correlation 0.49BC vs OXM0.49

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Related comparisons

Hubs: BC correlations · OXM correlations