BC vs TGT: Correlation
How closely do Brunswick Corporation (BC) and Target Corporation (TGT) trade together? Their weekly returns over three years give a correlation of 0.48, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BC and TGT?
Across a 3-year window, the weekly returns of BC and TGT correlate at 0.48, moderate. Little has changed lately, as the 1-year reading of 0.50 lands near the 3-year figure. Stretching to 5 years gives 0.46, with an annualized covariance of 545.6 %².
Among the 58 assets we track against BC, TGT ranks #43 by 3-year correlation. The last year tells two different stories: TGT led by 54.5 percentage points, +21.7% for BC against +76.2% for TGT.
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 TGT: side by side
| BC (Brunswick Corporation) | TGT (Target Corporation) | |
|---|---|---|
| 1-year return | +21.7% | +76.2% |
| 5-year return | -15.3% | -22.2% |
| Volatility (ann.) | 35.8% | 32.0% |
| Beta vs S&P 500 | 1.22 | 0.62 |
| Max drawdown (3Y) | -56.5% | -49.8% |
| Market cap | $5.0B | $75.4B |
| P/E (trailing) | – | 17.2 |
| Dividend yield | 2.18% | 2.78% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | BC | TGT |
|---|---|---|
| 2022 | -27.1% | -34.2% |
| 2023 | +36.9% | -1.4% |
| 2024 | -31.8% | -2.3% |
| 2025 | +18.1% | -24.5% |
| 2026 | +6.2% | +74.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BC and TGT good diversifiers for each other?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BC and TGT?
The BC/TGT correlation stands at 0.48 on a 3-year window (1 year: 0.50, 5 years: 0.46), computed from weekly returns as of 2026-08-27.
Is TGT a good diversifier for BC?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.48 mean?
A reading of 0.48 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: BC correlations · TGT correlations
