BCIC vs EONR: Correlation
BCP Investment Corporation - Closed End Fund (BCIC) and EON Resources Inc. (EONR) show a negative relationship: their 3-year correlation of weekly returns is -0.31.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BCIC and EONR?
On 3 years of weekly data the BCIC/EONR correlation comes out at -0.31, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.51) than the 3-year average (-0.31). The 5-year figure is -0.27, and annualized covariance runs at -984.3 %².
EONR is close to the least connected end of BCIC's tracked universe, ranking #11 of 14. Their recent paths diverged sharply: over the last 12 months EONR outperformed by 77.1 percentage points (-27.0% for BCIC against +50.1% for EONR). One caveat on sizing: EONR is 6.1 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.
BCIC vs EONR: side by side
| BCIC (BCP Investment Corporation - Closed End Fund) | EONR (EON Resources Inc.) | |
|---|---|---|
| 1-year return | -27.0% | +50.1% |
| 5-year return | -38.0% | -94.8% |
| Volatility (ann.) | 22.8% | 138.7% |
| Beta vs S&P 500 | 0.53 | -0.81 |
| Max drawdown (3Y) | -52.7% | -97.7% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 17.34% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BCIC | EONR |
|---|---|---|
| 2022 | +3.8% | – |
| 2023 | -9.0% | -80.2% |
| 2024 | +3.9% | -59.5% |
| 2025 | -15.8% | -53.2% |
| 2026 | -28.2% | +36.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCIC and EONR good diversifiers for each other?
By historical standards, yes. A correlation of -0.31 means the two rarely move for the same reasons.
FAQ
What is the correlation between BCIC and EONR?
Using weekly returns as of 2026-08-27: -0.31 over 3 years, with -0.51 over the last year and -0.27 over 5 years.
Is EONR a good diversifier for BCIC?
By historical standards, yes. A correlation of -0.31 means the two rarely move for the same reasons.
What does a correlation of -0.31 mean?
A reading of -0.31 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/bcic-vs-eonr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bcic-vs-eonr/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BCIC correlations · EONR correlations
