BCE vs VRT: Correlation
BCE, Inc. (BCE) and Vertiv (VRT) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BCE and VRT?
Over the past 3 years, BCE and VRT moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.04) runs above the 3-year figure (-0.22). Over 5 years the correlation is -0.10, and the annualized covariance of weekly returns is -269.2 %².
Among the 27 assets we track against BCE, VRT ranks #22 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months VRT outperformed by 109.9 percentage points (-1.4% for BCE against +108.5% for VRT). Risk is not evenly split, since VRT carries 2.7 times the volatility of the other side.
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 VRT: side by side
| BCE (BCE, Inc.) | VRT (Vertiv) | |
|---|---|---|
| 1-year return | -1.4% | +108.5% |
| 5-year return | -36.8% | +847.7% |
| Volatility (ann.) | 21.5% | 57.1% |
| Beta vs S&P 500 | -0.06 | 2.36 |
| Max drawdown (3Y) | -43.5% | -61.3% |
| Market cap | $21.8B | $103.7B |
| P/E (trailing) | 4.8 | 59.6 |
| Dividend yield | 7.45% | 0.07% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | BCE | VRT |
|---|---|---|
| 2022 | -10.6% | -45.3% |
| 2023 | -4.2% | +251.8% |
| 2024 | -35.5% | +136.8% |
| 2025 | +10.2% | +42.8% |
| 2026 | +0.8% | +66.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCE and VRT good diversifiers for each other?
Yes. With a correlation of -0.22, BCE and VRT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BCE and VRT?
The BCE/VRT correlation stands at -0.22 on a 3-year window (1 year: -0.04, 5 years: -0.10), computed from weekly returns as of 2026-08-27.
Is VRT a good diversifier for BCE?
Yes. With a correlation of -0.22, BCE and VRT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 mean?
A reading of -0.22 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/bce-vs-vrt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bce-vs-vrt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BCE correlations · VRT correlations
