BG vs V: Correlation
Measured on weekly returns over the past three years, Bunge Global (BG) and Visa Inc. (V) carry a correlation of -0.19, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BG and V?
On 3 years of weekly data the BG/V correlation comes out at -0.19, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.37) runs below the 3-year figure (-0.19). The 5-year figure is -0.09, and annualized covariance runs at -114.0 %².
By 3-year correlation, V places #26 of the 37 assets tracked against BG. The last year tells two different stories: BG led by 26.0 percentage points, +35.2% for BG against +9.2% for V. Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from -0.35 to 0.34. One caveat on sizing: BG is 1.6 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.
BG vs V: side by side
| BG (Bunge Global) | V (Visa Inc.) | |
|---|---|---|
| 1-year return | +35.2% | +9.2% |
| 5-year return | +68.5% | +70.5% |
| Volatility (ann.) | 30.7% | 19.1% |
| Beta vs S&P 500 | 0.09 | 0.72 |
| Max drawdown (3Y) | -38.8% | -20.4% |
| Market cap | $21.4B | $708.8B |
| P/E (trailing) | 24.4 | 32.7 |
| Dividend yield | 2.51% | 0.70% |
| Sector / category | Consumer Staples | Financials |
Year-by-year returns
| Year | BG | V |
|---|---|---|
| 2022 | +9.3% | -3.4% |
| 2023 | +3.8% | +26.3% |
| 2024 | -20.7% | +22.3% |
| 2025 | +18.6% | +11.8% |
| 2026 | +27.5% | +8.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BG and V good diversifiers for each other?
Yes. With a correlation of -0.19, BG and V have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BG and V?
The BG/V correlation stands at -0.19 on a 3-year window (1 year: -0.37, 5 years: -0.09), computed from weekly returns as of 2026-08-27.
Is V a good diversifier for BG?
Yes. With a correlation of -0.19, BG and V have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.19 mean?
A reading of -0.19 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/bg-vs-v.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bg-vs-v/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BG correlations · V correlations
