BCSF vs SKIL: Correlation
How closely do Bain Capital Specialty Finance, Inc. (BCSF) and Skillsoft Corp. (SKIL) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BCSF and SKIL?
Over the past 3 years, BCSF and SKIL moved with a correlation of 0.44, which is moderate. Recent behaviour matches the longer record: 0.48 over 1 year against 0.44 over 3. Over 5 years the correlation is 0.35, and the annualized covariance of weekly returns is 785.5 %².
By 3-year correlation, SKIL places #10 of the 15 assets tracked against BCSF. Their recent paths diverged sharply: over the last 12 months BCSF outperformed by 46.6 percentage points (-12.0% for BCSF against -58.6% for SKIL). Risk is not evenly split, since SKIL carries 5.0 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.
BCSF vs SKIL: side by side
| BCSF (Bain Capital Specialty Finance, Inc.) | SKIL (Skillsoft Corp.) | |
|---|---|---|
| 1-year return | -12.0% | -58.6% |
| 5-year return | +39.1% | -96.5% |
| Volatility (ann.) | 18.9% | 95.0% |
| Beta vs S&P 500 | 0.60 | 2.14 |
| Max drawdown (3Y) | -26.4% | -88.5% |
| Market cap | $0.8B | $0.1B |
| P/E (trailing) | 12.0 | – |
| Dividend yield | 14.12% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BCSF | SKIL |
|---|---|---|
| 2022 | -13.3% | -85.8% |
| 2023 | +42.0% | -32.4% |
| 2024 | +29.5% | +36.3% |
| 2025 | -9.6% | -61.2% |
| 2026 | -8.5% | -28.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCSF and SKIL good diversifiers for each other?
Reasonably. At 0.44, BCSF and SKIL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BCSF and SKIL?
Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.48 over the last year and 0.35 over 5 years.
Is SKIL a good diversifier for BCSF?
Reasonably. At 0.44, BCSF and SKIL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.44 mean?
On the −1 to +1 scale, 0.44 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
$ curl https://www.pairbook.io/api/v1/pairs/bcsf-vs-skil.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bcsf-vs-skil/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BCSF correlations · SKIL correlations
