BC vs UPBD: Correlation
Brunswick Corporation (BC) and Upbound Group, Inc. (UPBD) show a strong relationship: their 3-year correlation of weekly returns is 0.64.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BC and UPBD?
Across a 3-year window, the weekly returns of BC and UPBD correlate at 0.64, strong. Recent behaviour matches the longer record: 0.66 over 1 year against 0.64 over 3. Stretching to 5 years gives 0.56, with an annualized covariance of 945.9 %².
Within BC's tracked universe of 58 assets, UPBD comes in at #14 by 3-year correlation. Correlation aside, the last 12 months split them widely, with BC ahead by 41.5 points (+21.7% versus -19.8%).
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 UPBD: side by side
| BC (Brunswick Corporation) | UPBD (Upbound Group, Inc.) | |
|---|---|---|
| 1-year return | +21.7% | -19.8% |
| 5-year return | -15.3% | -60.7% |
| Volatility (ann.) | 35.8% | 41.4% |
| Beta vs S&P 500 | 1.22 | 1.23 |
| Max drawdown (3Y) | -56.5% | -54.2% |
| Market cap | $5.0B | $1.1B |
| P/E (trailing) | – | 12.6 |
| Dividend yield | 2.18% | 8.02% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BC | UPBD |
|---|---|---|
| 2022 | -27.1% | -49.9% |
| 2023 | +36.9% | +57.9% |
| 2024 | -31.8% | -10.1% |
| 2025 | +18.1% | -35.4% |
| 2026 | +6.2% | +14.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BC and UPBD good diversifiers for each other?
Only partially. A correlation of 0.64 means BC and UPBD 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 UPBD?
Using weekly returns as of 2026-08-27: 0.64 over 3 years, with 0.66 over the last year and 0.56 over 5 years.
Is UPBD a good diversifier for BC?
Only partially. A correlation of 0.64 means BC and UPBD share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.64 mean?
A reading of 0.64 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
$ curl https://www.pairbook.io/api/v1/pairs/bc-vs-upbd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bc-vs-upbd/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BC correlations · UPBD correlations
