BCTX vs FIX: Correlation
BriaCell Therapeutics Corp. (BCTX) and Comfort Systems USA (FIX) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BCTX and FIX?
Over the past 3 years, BCTX and FIX moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.04 versus -0.24 over 3 years. Over 5 years the correlation is -0.20, and the annualized covariance of weekly returns is -7817.6 %².
Within BCTX's tracked universe of 31 assets, FIX comes in at #20 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months FIX outperformed by 179.2 percentage points (-51.2% for BCTX against +128.0% for FIX). Risk is not evenly split, since BCTX carries 14.3 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.
BCTX vs FIX: side by side
| BCTX (BriaCell Therapeutics Corp.) | FIX (Comfort Systems USA) | |
|---|---|---|
| 1-year return | -51.2% | +128.0% |
| 5-year return | -94.5% | +2077.9% |
| Volatility (ann.) | 676.8% | 47.4% |
| Beta vs S&P 500 | -1.17 | 1.74 |
| Max drawdown (3Y) | -96.3% | -46.0% |
| Market cap | – | $56.8B |
| P/E (trailing) | – | 39.8 |
| Dividend yield | 0.00% | 0.16% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | BCTX | FIX |
|---|---|---|
| 2022 | -47.2% | +17.0% |
| 2023 | +33.9% | +79.6% |
| 2024 | -90.4% | +106.9% |
| 2025 | +27.0% | +120.9% |
| 2026 | -47.8% | +73.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCTX and FIX good diversifiers for each other?
Yes. With a correlation of -0.24, BCTX and FIX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BCTX and FIX?
The BCTX/FIX correlation stands at -0.24 on a 3-year window (1 year: 0.04, 5 years: -0.20), computed from weekly returns as of 2026-08-27.
Is FIX a good diversifier for BCTX?
Yes. With a correlation of -0.24, BCTX and FIX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.24 mean?
On the −1 to +1 scale, -0.24 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/bctx-vs-fix.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bctx-vs-fix/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BCTX correlations · FIX correlations