BDC vs MCS: Correlation
Belden Inc (BDC) and Marcus Corporation (The) (MCS) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BDC and MCS?
Over the past 3 years, BDC and MCS moved with a correlation of 0.41, which is moderate. The past 12 months show a tighter link (0.57) than the 3-year average (0.41). Over 5 years the correlation is 0.41, and the annualized covariance of weekly returns is 575.3 %².
Among the 13 assets we track against BDC, MCS sits near the bottom by co-movement, at rank #9. Their recent paths diverged sharply: over the last 12 months MCS outperformed by 101.1 percentage points (-9.6% for BDC against +91.5% for MCS).
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.
BDC vs MCS: side by side
| BDC (Belden Inc) | MCS (Marcus Corporation (The)) | |
|---|---|---|
| 1-year return | -9.6% | +91.5% |
| 5-year return | +113.6% | +106.8% |
| Volatility (ann.) | 39.2% | 35.9% |
| Beta vs S&P 500 | 1.17 | 0.53 |
| Max drawdown (3Y) | -35.8% | -42.9% |
| Market cap | $4.7B | $0.9B |
| P/E (trailing) | 19.5 | 40.2 |
| Dividend yield | 0.17% | 1.08% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BDC | MCS |
|---|---|---|
| 2022 | +9.7% | -18.9% |
| 2023 | +7.7% | +2.9% |
| 2024 | +46.1% | +50.4% |
| 2025 | +3.7% | -26.6% |
| 2026 | +3.0% | +91.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BDC and MCS good diversifiers for each other?
Reasonably. At 0.41, BDC and MCS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BDC and MCS?
The BDC/MCS correlation stands at 0.41 on a 3-year window (1 year: 0.57, 5 years: 0.41), computed from weekly returns as of 2026-08-27.
Is MCS a good diversifier for BDC?
Reasonably. At 0.41, BDC and MCS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bdc-vs-mcs.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bdc-vs-mcs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BDC correlations · MCS correlations
