BCO vs DLX: Correlation
How closely do Brinks Company (The) (BCO) and Deluxe Corporation (DLX) trade together? Their weekly returns over three years give a correlation of 0.54, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BCO and DLX?
Over the past 3 years, BCO and DLX moved with a correlation of 0.54, which is moderate. Little has changed lately, as the 1-year reading of 0.46 lands near the 3-year figure. Over 5 years the correlation is 0.46, and the annualized covariance of weekly returns is 651.7 %².
In BCO's tracked universe of 12 assets, DLX sits right near the top at #1. Correlation aside, the last 12 months split them widely, with DLX ahead by 27.1 points (-1.8% versus +25.3%).
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.
BCO vs DLX: side by side
| BCO (Brinks Company (The)) | DLX (Deluxe Corporation) | |
|---|---|---|
| 1-year return | -1.8% | +25.3% |
| 5-year return | +48.9% | -19.3% |
| Volatility (ann.) | 30.5% | 39.8% |
| Beta vs S&P 500 | 0.85 | 1.08 |
| Max drawdown (3Y) | -31.9% | -40.9% |
| Market cap | $4.5B | $1.1B |
| P/E (trailing) | 25.8 | 10.8 |
| Dividend yield | 0.91% | 5.08% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BCO | DLX |
|---|---|---|
| 2022 | -17.0% | -44.4% |
| 2023 | +65.9% | +34.9% |
| 2024 | +6.5% | +11.3% |
| 2025 | +27.2% | +5.6% |
| 2026 | -5.6% | +9.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCO and DLX good diversifiers for each other?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BCO and DLX?
The BCO/DLX correlation stands at 0.54 on a 3-year window (1 year: 0.46, 5 years: 0.46), computed from weekly returns as of 2026-08-27.
Is DLX a good diversifier for BCO?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.54 mean?
A reading of 0.54 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/bco-vs-dlx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bco-vs-dlx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BCO correlations · DLX correlations
