BF.B vs SWK: Correlation
Brown–Forman (BF.B) and Stanley Black & Decker (SWK) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BF.B and SWK?
Over the past 3 years, BF.B and SWK moved with a correlation of 0.44, which is moderate. The relationship has been stable: the 1-year correlation (0.44) sits close to the 3-year figure. Over 5 years the correlation is 0.40, and the annualized covariance of weekly returns is 526.1 %².
Among the 36 assets we track against BF.B, SWK ranks #15 by 3-year correlation. The last year tells two different stories: SWK led by 44.4 percentage points, -7.4% for BF.B against +37.0% for SWK. On a rolling one-year basis the correlation drifted between 0.32 and 0.59, a moderate band.
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.
BF.B vs SWK: side by side
| BF.B (Brown–Forman) | SWK (Stanley Black & Decker) | |
|---|---|---|
| 1-year return | -7.4% | +37.0% |
| 5-year return | -56.8% | -39.1% |
| Volatility (ann.) | 34.0% | 35.4% |
| Beta vs S&P 500 | 0.51 | 1.19 |
| Max drawdown (3Y) | -64.8% | -48.3% |
| Market cap | $12.5B | $15.0B |
| P/E (trailing) | 18.3 | 24.4 |
| Dividend yield | 3.26% | 3.33% |
| Sector / category | Consumer Staples | Industrials |
Year-by-year returns
| Year | BF.B | SWK |
|---|---|---|
| 2022 | -8.9% | -58.9% |
| 2023 | -11.9% | +35.6% |
| 2024 | -32.2% | -15.2% |
| 2025 | -29.3% | -3.2% |
| 2026 | +6.6% | +36.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BF.B and SWK good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BF.B and SWK?
As of 2026-08-27, the correlation of weekly returns between BF.B and SWK is 0.44 over 3 years, 0.44 over 1 year and 0.40 over 5 years.
Is SWK a good diversifier for BF.B?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 mean?
On the −1 to +1 scale, 0.44 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/bf-b-vs-swk.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bf-b-vs-swk/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BF.B correlations · SWK correlations
