BCX vs SLSR: Correlation
BlackRock Resources (BCX) and Solaris Resources Inc. (SLSR) show a moderate relationship: their 3-year correlation of weekly returns is 0.47.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BCX and SLSR?
Over the past 3 years, BCX and SLSR moved with a correlation of 0.47, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.62 versus 0.47 over 3 years. Over 5 years the correlation is 0.47, and the annualized covariance of weekly returns is 590.9 %².
By 3-year correlation, SLSR places #9 of the 17 assets tracked against BCX. The last year tells two different stories: SLSR led by 18.2 percentage points, +41.5% for BCX against +59.7% for SLSR. Note the risk asymmetry: SLSR runs 3.1 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.
BCX vs SLSR: side by side
| BCX (BlackRock Resources) | SLSR (Solaris Resources Inc.) | |
|---|---|---|
| 1-year return | +41.5% | +59.7% |
| 5-year return | +98.3% | -4.4% |
| Volatility (ann.) | 20.0% | 63.0% |
| Beta vs S&P 500 | 0.56 | 1.40 |
| Max drawdown (3Y) | -18.8% | -56.9% |
| Market cap | $1.0B | $1.5B |
| P/E (trailing) | 4.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BCX | SLSR |
|---|---|---|
| 2022 | +12.8% | -65.7% |
| 2023 | -4.8% | -33.7% |
| 2024 | +3.2% | +1.8% |
| 2025 | +40.4% | +156.7% |
| 2026 | +24.5% | +11.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCX and SLSR good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BCX and SLSR?
As of 2026-08-27, the correlation of weekly returns between BCX and SLSR is 0.47 over 3 years, 0.62 over 1 year and 0.47 over 5 years.
Is SLSR a good diversifier for BCX?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.47 mean?
On the −1 to +1 scale, 0.47 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/bcx-vs-slsr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bcx-vs-slsr/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BCX correlations · SLSR correlations
