BCC vs UFPI: Correlation
Measured on weekly returns over the past three years, Boise Cascade, L.L.C. (BCC) and UFP Industries, Inc. (UFPI) carry a correlation of 0.82, a very strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BCC and UFPI?
Across a 3-year window, the weekly returns of BCC and UFPI correlate at 0.82, very strong, meaning they move nearly in lockstep. The relationship has been stable: the 1-year correlation (0.85) sits close to the 3-year figure. Stretching to 5 years gives 0.76, with an annualized covariance of 881.3 %².
UFPI is one of the assets that tracks BCC most closely: it ranks #1 out of the 24 assets we track against BCC. The trailing year gives BCC the advantage: -9.5% versus -16.1%, a 6.6-point spread.
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 UFPI: side by side
| BCC (Boise Cascade, L.L.C.) | UFPI (UFP Industries, Inc.) | |
|---|---|---|
| 1-year return | -9.5% | -16.1% |
| 5-year return | +71.4% | +16.0% |
| Volatility (ann.) | 36.4% | 29.4% |
| Beta vs S&P 500 | 0.99 | 0.82 |
| Max drawdown (3Y) | -56.5% | -41.9% |
| Market cap | $2.7B | $4.7B |
| P/E (trailing) | 27.1 | 19.7 |
| Dividend yield | 1.10% | 1.64% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BCC | UFPI |
|---|---|---|
| 2022 | +1.5% | -12.9% |
| 2023 | +106.6% | +60.3% |
| 2024 | -4.0% | -9.3% |
| 2025 | -37.5% | -18.0% |
| 2026 | +7.7% | -5.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCC and UFPI good diversifiers for each other?
No. With a correlation of 0.82, BCC and UFPI move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between BCC and UFPI?
Using weekly returns as of 2026-08-27: 0.82 over 3 years, with 0.85 over the last year and 0.76 over 5 years.
Is UFPI a good diversifier for BCC?
No. With a correlation of 0.82, BCC and UFPI move nearly in lockstep, so holding both adds very little diversification.
What does a correlation of 0.82 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-ufpi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bcc-vs-ufpi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BCC correlations · UFPI correlations
