BDC vs RRX: Correlation
How closely do Belden Inc (BDC) and Regal Rexnord Corporation (RRX) trade together? Their weekly returns over three years give a correlation of 0.56, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BDC and RRX?
On 3 years of weekly data the BDC/RRX correlation comes out at 0.56, moderate. The relationship has been stable: the 1-year correlation (0.53) sits close to the 3-year figure. The 5-year figure is 0.55, and annualized covariance runs at 918.5 %².
By 3-year correlation, RRX places #4 of the 13 assets tracked against BDC. Correlation aside, the last 12 months split them widely, with RRX ahead by 17.8 points (-9.6% versus +8.2%).
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 RRX: side by side
| BDC (Belden Inc) | RRX (Regal Rexnord Corporation) | |
|---|---|---|
| 1-year return | -9.6% | +8.2% |
| 5-year return | +113.6% | +18.1% |
| Volatility (ann.) | 39.2% | 42.0% |
| Beta vs S&P 500 | 1.17 | 1.10 |
| Max drawdown (3Y) | -35.8% | -48.1% |
| Market cap | $4.7B | $10.9B |
| P/E (trailing) | 19.5 | 34.0 |
| Dividend yield | 0.17% | 0.85% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BDC | RRX |
|---|---|---|
| 2022 | +9.7% | -28.7% |
| 2023 | +7.7% | +24.6% |
| 2024 | +46.1% | +5.7% |
| 2025 | +3.7% | -8.6% |
| 2026 | +3.0% | +17.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BDC and RRX good diversifiers for each other?
To a limited degree. At 0.56 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between BDC and RRX?
The BDC/RRX correlation stands at 0.56 on a 3-year window (1 year: 0.53, 5 years: 0.55), computed from weekly returns as of 2026-08-27.
Is RRX a good diversifier for BDC?
To a limited degree. At 0.56 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.56 mean?
A reading of 0.56 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bdc-vs-rrx.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bdc-vs-rrx/)
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Related comparisons
Hubs: BDC correlations · RRX correlations
