BCTX vs UPS: Correlation
Measured on weekly returns over the past three years, BriaCell Therapeutics Corp. (BCTX) and United Parcel Service (UPS) carry a correlation of -0.26, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BCTX and UPS?
Over the past 3 years, BCTX and UPS moved with a correlation of -0.26, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.01 versus -0.26 over 3 years. Over 5 years the correlation is -0.20, and the annualized covariance of weekly returns is -5177.7 %².
Within BCTX's tracked universe of 31 assets, UPS comes in at #25 by 3-year correlation. Correlation aside, the last 12 months split them widely, with UPS ahead by 79.4 points (-51.2% versus +28.2%). Note the risk asymmetry: BCTX runs 23.0 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 UPS: side by side
| BCTX (BriaCell Therapeutics Corp.) | UPS (United Parcel Service) | |
|---|---|---|
| 1-year return | -51.2% | +28.2% |
| 5-year return | -94.5% | -31.0% |
| Volatility (ann.) | 676.8% | 29.4% |
| Beta vs S&P 500 | -1.17 | 0.81 |
| Max drawdown (3Y) | -96.3% | -46.5% |
| Market cap | – | $89.9B |
| P/E (trailing) | – | 19.6 |
| Dividend yield | 0.00% | 6.21% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | BCTX | UPS |
|---|---|---|
| 2022 | -47.2% | -16.2% |
| 2023 | +33.9% | -6.0% |
| 2024 | -90.4% | -15.9% |
| 2025 | +27.0% | -15.9% |
| 2026 | -47.8% | +11.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCTX and UPS good diversifiers for each other?
Yes. With a correlation of -0.26, BCTX and UPS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BCTX and UPS?
As of 2026-08-27, the correlation of weekly returns between BCTX and UPS is -0.26 over 3 years, -0.01 over 1 year and -0.20 over 5 years.
Is UPS a good diversifier for BCTX?
Yes. With a correlation of -0.26, BCTX and UPS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.26 mean?
A reading of -0.26 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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$ curl https://www.pairbook.io/api/v1/pairs/bctx-vs-ups.json
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Hubs: BCTX correlations · UPS correlations
