BETR vs BTBD: Correlation
How closely do Better Home & Finance Holding Company (BETR) and BT Brands, Inc. (BTBD) trade together? Their weekly returns over three years give a correlation of 0.31, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BETR and BTBD?
Over the past 3 years, BETR and BTBD moved with a correlation of 0.31, which is moderate. The past 12 months show a tighter link (0.47) than the 3-year average (0.31). Over 5 years the correlation is 0.14, and the annualized covariance of weekly returns is 2576.4 %².
Among the 12 assets we track against BETR, BTBD ranks #7 by 3-year correlation. Over the last 12 months BTBD came out ahead by 9.0 percentage points (-31.5% against -22.5%).
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.
BETR vs BTBD: side by side
| BETR (Better Home & Finance Holding Company) | BTBD (BT Brands, Inc.) | |
|---|---|---|
| 1-year return | -31.5% | -22.5% |
| 5-year return | -97.1% | -67.8% |
| Volatility (ann.) | 101.5% | 82.0% |
| Beta vs S&P 500 | 1.13 | 0.39 |
| Max drawdown (3Y) | -86.5% | -65.7% |
| Market cap | $0.3B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BETR | BTBD |
|---|---|---|
| 2022 | +1.9% | -38.1% |
| 2023 | -91.9% | +36.8% |
| 2024 | -78.2% | -42.4% |
| 2025 | +265.2% | -3.5% |
| 2026 | -55.2% | +2.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BETR and BTBD good diversifiers for each other?
A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BETR and BTBD?
The BETR/BTBD correlation stands at 0.31 on a 3-year window (1 year: 0.47, 5 years: 0.14), computed from weekly returns as of 2026-08-27.
Is BTBD a good diversifier for BETR?
A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.31 mean?
On the −1 to +1 scale, 0.31 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/betr-vs-btbd.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/betr-vs-btbd/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BETR correlations · BTBD correlations
