BC vs SWK: Correlation
Brunswick Corporation (BC) and Stanley Black & Decker (SWK) show a strong relationship: their 3-year correlation of weekly returns is 0.73.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BC and SWK?
Across a 3-year window, the weekly returns of BC and SWK correlate at 0.73, strong. Recent behaviour matches the longer record: 0.72 over 1 year against 0.73 over 3. Stretching to 5 years gives 0.69, with an annualized covariance of 924.3 %².
Within BC's tracked universe of 58 assets, SWK comes in at #5 by 3-year correlation. The last year tells two different stories: SWK led by 15.3 percentage points, +21.7% for BC against +37.0% for SWK.
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 SWK: side by side
| BC (Brunswick Corporation) | SWK (Stanley Black & Decker) | |
|---|---|---|
| 1-year return | +21.7% | +37.0% |
| 5-year return | -15.3% | -39.1% |
| Volatility (ann.) | 35.8% | 35.4% |
| Beta vs S&P 500 | 1.22 | 1.19 |
| Max drawdown (3Y) | -56.5% | -48.3% |
| Market cap | $5.0B | $15.0B |
| P/E (trailing) | – | 24.4 |
| Dividend yield | 2.18% | 3.33% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | BC | SWK |
|---|---|---|
| 2022 | -27.1% | -58.9% |
| 2023 | +36.9% | +35.6% |
| 2024 | -31.8% | -15.2% |
| 2025 | +18.1% | -3.2% |
| 2026 | +6.2% | +36.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BC and SWK good diversifiers for each other?
To a limited degree. At 0.73 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 SWK?
As of 2026-08-27, the correlation of weekly returns between BC and SWK is 0.73 over 3 years, 0.72 over 1 year and 0.69 over 5 years.
Is SWK a good diversifier for BC?
To a limited degree. At 0.73 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 0.73 mean?
On the −1 to +1 scale, 0.73 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-swk.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bc-vs-swk/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BC correlations · SWK correlations
