BFS vs EPC: Correlation
How closely do Saul Centers, Inc. (BFS) and Edgewell Personal Care Company (EPC) trade together? Their weekly returns over three years give a correlation of 0.51, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BFS and EPC?
On 3 years of weekly data the BFS/EPC correlation comes out at 0.51, moderate. The past 12 months show a tighter link (0.62) than the 3-year average (0.51). The 5-year figure is 0.51, and annualized covariance runs at 399.2 %².
By 3-year correlation, EPC places #11 of the 17 assets tracked against BFS. The last year tells two different stories: EPC led by 19.9 percentage points, +5.7% for BFS against +25.6% for EPC. One caveat on sizing: EPC is 1.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
BFS vs EPC: side by side
| BFS (Saul Centers, Inc.) | EPC (Edgewell Personal Care Company) | |
|---|---|---|
| 1-year return | +5.7% | +25.6% |
| 5-year return | -2.0% | -25.7% |
| Volatility (ann.) | 20.9% | 37.3% |
| Beta vs S&P 500 | 0.41 | 0.41 |
| Max drawdown (3Y) | -24.1% | -60.1% |
| Market cap | $1.2B | $1.3B |
| P/E (trailing) | 34.8 | – |
| Dividend yield | 7.01% | 2.09% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BFS | EPC |
|---|---|---|
| 2022 | -19.4% | -14.3% |
| 2023 | +2.6% | -3.5% |
| 2024 | +5.0% | -6.8% |
| 2025 | -12.8% | -47.9% |
| 2026 | +11.8% | +70.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BFS and EPC good diversifiers for each other?
Only partially. A correlation of 0.51 means BFS and EPC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between BFS and EPC?
Using weekly returns as of 2026-08-27: 0.51 over 3 years, with 0.62 over the last year and 0.51 over 5 years.
Is EPC a good diversifier for BFS?
Only partially. A correlation of 0.51 means BFS and EPC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.51 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/bfs-vs-epc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bfs-vs-epc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BFS correlations · EPC correlations