BDX vs SON: Correlation
Becton Dickinson (BDX) and Sonoco Products Company (SON) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BDX and SON?
Across a 3-year window, the weekly returns of BDX and SON correlate at 0.46, moderate. Recent behaviour matches the longer record: 0.48 over 1 year against 0.46 over 3. Stretching to 5 years gives 0.44, with an annualized covariance of 284.9 %².
Among the 28 assets we track against BDX, SON ranks #7 by 3-year correlation. Neither side won the trailing year by much: +25.5% against +26.5%.
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.
BDX vs SON: side by side
| BDX (Becton Dickinson) | SON (Sonoco Products Company) | |
|---|---|---|
| 1-year return | +25.5% | +26.5% |
| 5-year return | +6.8% | +4.8% |
| Volatility (ann.) | 24.0% | 25.7% |
| Beta vs S&P 500 | 0.33 | 0.62 |
| Max drawdown (3Y) | -39.6% | -32.5% |
| Market cap | $51.2B | $5.6B |
| P/E (trailing) | 32.9 | 8.9 |
| Dividend yield | 2.20% | 3.70% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | BDX | SON |
|---|---|---|
| 2022 | +5.1% | +8.3% |
| 2023 | -2.7% | -4.7% |
| 2024 | -5.4% | -9.1% |
| 2025 | -12.6% | -6.3% |
| 2026 | +25.0% | +33.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BDX and SON good diversifiers for each other?
Reasonably. At 0.46, BDX and SON keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BDX and SON?
Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.48 over the last year and 0.44 over 5 years.
Is SON a good diversifier for BDX?
Reasonably. At 0.46, BDX and SON keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.46 mean?
On the −1 to +1 scale, 0.46 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.
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Hubs: BDX correlations · SON correlations