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
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 500 | 0.99 | 0.64 |
| Max drawdown (3Y) | -56.5% | -38.0% |
| Market cap | $2.7B | $17.1B |
| P/E (trailing) | 27.1 | 36.5 |
| Dividend yield | 1.10% | 3.49% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | BCC | WY |
|---|---|---|
| 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
$ curl https://www.pairbook.io/api/v1/pairs/bcc-vs-wy.json
Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: BCC correlations · WY correlations