BCS vs GE: Correlation
Measured on weekly returns over the past three years, Barclays PLC (BCS) and GE Aerospace (GE) carry a correlation of 0.57, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BCS and GE?
Over the past 3 years, BCS and GE moved with a correlation of 0.57, which is moderate. Recent behaviour matches the longer record: 0.62 over 1 year against 0.57 over 3. Over 5 years the correlation is 0.56, and the annualized covariance of weekly returns is 548.2 %².
Among the 15 assets we track against BCS, GE ranks #7 by 3-year correlation. On 12-month performance BCS holds a 10.6-point edge, +36.6% against +26.0%.
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.
BCS vs GE: side by side
| BCS (Barclays PLC) | GE (GE Aerospace) | |
|---|---|---|
| 1-year return | +36.6% | +26.0% |
| 5-year return | +214.7% | +435.6% |
| Volatility (ann.) | 30.9% | 30.9% |
| Beta vs S&P 500 | 1.27 | 1.24 |
| Max drawdown (3Y) | -26.2% | -21.4% |
| Market cap | $90.3B | $355.6B |
| P/E (trailing) | 10.3 | 41.8 |
| Dividend yield | 0.42% | 0.47% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | BCS | GE |
|---|---|---|
| 2022 | -21.9% | -10.9% |
| 2023 | +6.0% | +95.7% |
| 2024 | +76.3% | +64.8% |
| 2025 | +96.5% | +85.7% |
| 2026 | +8.0% | +11.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCS and GE good diversifiers for each other?
Somewhat, no more. With 0.57 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BCS and GE?
The BCS/GE correlation stands at 0.57 on a 3-year window (1 year: 0.62, 5 years: 0.56), computed from weekly returns as of 2026-08-27.
Is GE a good diversifier for BCS?
Somewhat, no more. With 0.57 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.57 mean?
On the −1 to +1 scale, 0.57 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
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Related comparisons
Hubs: BCS correlations · GE correlations
