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BC vs TKR: Correlation

How closely do Brunswick Corporation (BC) and Timken Company (The) (TKR) trade together? Their weekly returns over three years give a correlation of 0.68, which is strong.

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

Correlation (3Y)
0.68
strong
Correlation (1Y)
0.64
last 12 months
Correlation (5Y)
0.65
long-run
Ann. covariance
670.8
%² · weekly, annualized

How correlated are BC and TKR?

Across a 3-year window, the weekly returns of BC and TKR correlate at 0.68, strong. Little has changed lately, as the 1-year reading of 0.64 lands near the 3-year figure. Stretching to 5 years gives 0.65, with an annualized covariance of 670.8 %².

Within BC's tracked universe of 58 assets, TKR comes in at #10 by 3-year correlation. The last year tells two different stories: TKR led by 38.1 percentage points, +21.7% for BC against +59.8% for TKR.

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 TKR: side by side

BC (Brunswick Corporation)TKR (Timken Company (The))
1-year return+21.7%+59.8%
5-year return-15.3%+80.3%
Volatility (ann.)35.8%27.4%
Beta vs S&P 5001.220.98
Max drawdown (3Y)-56.5%-37.6%
Market cap$5.0B$8.6B
P/E (trailing)33.7
Dividend yield2.18%1.12%
Sector / categoryUS ListedUS Listed
Higher yield: BC 2.18% vs 1.12%Smaller drawdown: TKR -37.6% vs -56.5%Higher 5y return: TKR +80.3% vs -15.3%
-12%0%+85%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. BC · TKR

Year-by-year returns

YearBCTKR
2022-27.1%+3.9%
2023+36.9%+15.4%
2024-31.8%-9.5%
2025+18.1%+20.0%
2026+6.2%+49.4%

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

Are BC and TKR good diversifiers for each other?

Only partially. A correlation of 0.68 means BC and TKR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

FAQ

What is the correlation between BC and TKR?

The BC/TKR correlation stands at 0.68 on a 3-year window (1 year: 0.64, 5 years: 0.65), computed from weekly returns as of 2026-08-27.

Is TKR a good diversifier for BC?

Only partially. A correlation of 0.68 means BC and TKR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

What does a correlation of 0.68 mean?

A reading of 0.68 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

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

BC vs TKR: 3-year weekly correlation 0.68BC vs TKR0.68

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Related comparisons

Hubs: BC correlations · TKR correlations