BCIC vs QRHC: Correlation
Measured on weekly returns over the past three years, BCP Investment Corporation - Closed End Fund (BCIC) and Quest Resource Holding Corporation (QRHC) carry a correlation of 0.44, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BCIC and QRHC?
Across a 3-year window, the weekly returns of BCIC and QRHC correlate at 0.44, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.62 versus 0.44 over 3 years. Stretching to 5 years gives 0.34, with an annualized covariance of 539.2 %².
Within BCIC's tracked universe of 14 assets, QRHC comes in at #6 by 3-year correlation. The trailing year gives QRHC the advantage: -27.0% versus -17.2%, a 9.8-point spread. Risk is not evenly split, since QRHC carries 2.4 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.
BCIC vs QRHC: side by side
| BCIC (BCP Investment Corporation - Closed End Fund) | QRHC (Quest Resource Holding Corporation) | |
|---|---|---|
| 1-year return | -27.0% | -17.2% |
| 5-year return | -38.0% | -78.2% |
| Volatility (ann.) | 22.8% | 54.2% |
| Beta vs S&P 500 | 0.53 | 1.21 |
| Max drawdown (3Y) | -52.7% | -91.9% |
| 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 | QRHC |
|---|---|---|
| 2022 | +3.8% | -12.0% |
| 2023 | -9.0% | +20.0% |
| 2024 | +3.9% | -11.3% |
| 2025 | -15.8% | -71.4% |
| 2026 | -28.2% | -22.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCIC and QRHC good diversifiers for each other?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BCIC and QRHC?
Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.62 over the last year and 0.34 over 5 years.
Is QRHC a good diversifier for BCIC?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.44 mean?
A reading of 0.44 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-qrhc.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bcic-vs-qrhc/)
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Related comparisons
Hubs: BCIC correlations · QRHC correlations
