PairBook
HomeBCC › BCC vs URI

BCC vs URI: Correlation

How closely do Boise Cascade, L.L.C. (BCC) and United Rentals (URI) trade together? Their weekly returns over three years give a correlation of 0.64, which is strong.

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

Correlation (3Y)
0.64
strong
Correlation (1Y)
0.50
last 12 months
Correlation (5Y)
0.61
long-run
Ann. covariance
918.8
%² · weekly, annualized

How correlated are BCC and URI?

Over the past 3 years, BCC and URI moved with a correlation of 0.64, which is strong. The link has loosened recently: the 1-year correlation (0.50) runs below the 3-year figure (0.64). Over 5 years the correlation is 0.61, and the annualized covariance of weekly returns is 918.8 %².

Among the 24 assets we track against BCC, URI ranks #10 by 3-year correlation. The last year tells two different stories: URI led by 19.7 percentage points, -9.5% for BCC against +10.2% for URI.

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 URI: side by side

BCC (Boise Cascade, L.L.C.)URI (United Rentals)
1-year return-9.5%+10.2%
5-year return+71.4%+204.1%
Volatility (ann.)36.4%39.5%
Beta vs S&P 5000.991.42
Max drawdown (3Y)-56.5%-37.0%
Market cap$2.7B$64.6B
P/E (trailing)27.125.4
Dividend yield1.10%0.71%
Sector / categoryUS ListedIndustrials
Lower P/E: URI 25.4 vs 27.1Higher yield: BCC 1.10% vs 0.71%Smaller drawdown: URI -37.0% vs -56.5%Higher 5y return: URI +204.1% vs +71.4%
-27%0%+20%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). BCC · URI

Year-by-year returns

YearBCCURI
2022+1.5%+7.0%
2023+106.6%+63.6%
2024-4.0%+24.0%
2025-37.5%+15.9%
2026+7.7%+29.0%

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

Are BCC and URI good diversifiers for each other?

To a limited degree. At 0.64 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

FAQ

What is the correlation between BCC and URI?

The BCC/URI correlation stands at 0.64 on a 3-year window (1 year: 0.50, 5 years: 0.61), computed from weekly returns as of 2026-08-27.

Is URI a good diversifier for BCC?

To a limited degree. At 0.64 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

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

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

BCC vs URI: 3-year weekly correlation 0.64BCC vs URI0.64

Markdown for the live badge, attribution link included:

[![BCC vs URI correlation](https://www.pairbook.io/api/v1/badge/bcc-vs-uri.svg)](https://www.pairbook.io/pair/bcc-vs-uri/)

The core API is free. Terms and every endpoint in the API documentation.

Related comparisons

Hubs: BCC correlations · URI correlations