BCC vs SITE: Correlation
Measured on weekly returns over the past three years, Boise Cascade, L.L.C. (BCC) and SiteOne Landscape Supply, Inc. (SITE) carry a correlation of 0.65, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BCC and SITE?
Over the past 3 years, BCC and SITE moved with a correlation of 0.65, which is strong. The relationship has been stable: the 1-year correlation (0.70) sits close to the 3-year figure. Over 5 years the correlation is 0.60, and the annualized covariance of weekly returns is 879.0 %².
Within BCC's tracked universe of 24 assets, SITE comes in at #9 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months BCC outperformed by 24.7 percentage points (-9.5% for BCC against -34.2% for SITE).
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.
BCC vs SITE: side by side
| BCC (Boise Cascade, L.L.C.) | SITE (SiteOne Landscape Supply, Inc.) | |
|---|---|---|
| 1-year return | -9.5% | -34.2% |
| 5-year return | +71.4% | -52.8% |
| Volatility (ann.) | 36.4% | 37.2% |
| Beta vs S&P 500 | 0.99 | 1.06 |
| Max drawdown (3Y) | -56.5% | -49.5% |
| Market cap | $2.7B | $4.2B |
| P/E (trailing) | 27.1 | 26.3 |
| Dividend yield | 1.10% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BCC | SITE |
|---|---|---|
| 2022 | +1.5% | -51.6% |
| 2023 | +106.6% | +38.5% |
| 2024 | -4.0% | -18.9% |
| 2025 | -37.5% | -5.5% |
| 2026 | +7.7% | -23.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCC and SITE good diversifiers for each other?
Only partially. A correlation of 0.65 means BCC and SITE 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 BCC and SITE?
The BCC/SITE correlation stands at 0.65 on a 3-year window (1 year: 0.70, 5 years: 0.60), computed from weekly returns as of 2026-08-27.
Is SITE a good diversifier for BCC?
Only partially. A correlation of 0.65 means BCC and SITE share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.65 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bcc-vs-site.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bcc-vs-site/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BCC correlations · SITE correlations
