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BCC vs WY: Correlation

Measured on weekly returns over the past three years, Boise Cascade, L.L.C. (BCC) and Weyerhaeuser (WY) carry a correlation of 0.66, a strong link.

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

Correlation (3Y)
0.66
strong
Correlation (1Y)
0.69
last 12 months
Correlation (5Y)
0.64
long-run
Ann. covariance
594.6
%² · weekly, annualized

How correlated are BCC and WY?

Over the past 3 years, BCC and WY moved with a correlation of 0.66, which is strong. Recent behaviour matches the longer record: 0.69 over 1 year against 0.66 over 3. Over 5 years the correlation is 0.64, and the annualized covariance of weekly returns is 594.6 %².

By 3-year correlation, WY places #8 of the 24 assets tracked against BCC. Twelve-month performance is nearly a tie, at -9.5% for BCC and -6.1% for WY.

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 WY: side by side

BCC (Boise Cascade, L.L.C.)WY (Weyerhaeuser)
1-year return-9.5%-6.1%
5-year return+71.4%-19.5%
Volatility (ann.)36.4%24.8%
Beta vs S&P 5000.990.64
Max drawdown (3Y)-56.5%-38.0%
Market cap$2.7B$17.1B
P/E (trailing)27.136.5
Dividend yield1.10%3.49%
Sector / categoryUS ListedReal Estate
Lower P/E: BCC 27.1 vs 36.5Higher yield: WY 3.49% vs 1.10%Smaller drawdown: WY -38.0% vs -56.5%Higher 5y return: BCC +71.4% vs -19.5%
-26%0%+4%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. BCC · WY

Year-by-year returns

YearBCCWY
2022+1.5%-20.4%
2023+106.6%+18.0%
2024-4.0%-16.6%
2025-37.5%-13.0%
2026+7.7%+1.8%

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

Are BCC and WY good diversifiers for each other?

Only partially. A correlation of 0.66 means BCC and WY 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 WY?

Using weekly returns as of 2026-08-27: 0.66 over 3 years, with 0.69 over the last year and 0.64 over 5 years.

Is WY a good diversifier for BCC?

Only partially. A correlation of 0.66 means BCC and WY share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

What does a correlation of 0.66 mean?

A reading of 0.66 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

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BCC vs WY: 3-year weekly correlation 0.66BCC vs WY0.66

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Related comparisons

Hubs: BCC correlations · WY correlations