BCE vs SACH: Correlation
How closely do BCE, Inc. (BCE) and Sachem Capital Corp. (SACH) trade together? Their weekly returns over three years give a correlation of 0.42, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BCE and SACH?
Over the past 3 years, BCE and SACH moved with a correlation of 0.42, which is moderate. The link has loosened recently: the 1-year correlation (0.22) runs below the 3-year figure (0.42). Over 5 years the correlation is 0.44, and the annualized covariance of weekly returns is 396.7 %².
SACH is one of the assets that tracks BCE most closely: it ranks #3 out of the 27 assets we track against BCE. On 12-month performance BCE holds a 13.8-point edge, -1.4% against -15.2%. One caveat on sizing: SACH is 2.0 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
BCE vs SACH: side by side
| BCE (BCE, Inc.) | SACH (Sachem Capital Corp.) | |
|---|---|---|
| 1-year return | -1.4% | -15.2% |
| 5-year return | -36.8% | -65.5% |
| Volatility (ann.) | 21.5% | 43.9% |
| Beta vs S&P 500 | -0.06 | 0.62 |
| Max drawdown (3Y) | -43.5% | -78.7% |
| Market cap | $21.8B | – |
| P/E (trailing) | 4.8 | – |
| Dividend yield | 7.45% | 11.36% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BCE | SACH |
|---|---|---|
| 2022 | -10.6% | -35.8% |
| 2023 | -4.2% | +29.5% |
| 2024 | -35.5% | -60.5% |
| 2025 | +10.2% | -9.2% |
| 2026 | +0.8% | -8.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCE and SACH good diversifiers for each other?
Reasonably. At 0.42, BCE and SACH keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BCE and SACH?
Using weekly returns as of 2026-08-27: 0.42 over 3 years, with 0.22 over the last year and 0.44 over 5 years.
Is SACH a good diversifier for BCE?
Reasonably. At 0.42, BCE and SACH keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.42 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.
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Related comparisons
Hubs: BCE correlations · SACH correlations
