BIRK vs URBN: Correlation
How closely do Birkenstock Holding plc (BIRK) and Urban Outfitters, Inc. (URBN) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BIRK and URBN?
Over the past 3 years, BIRK and URBN moved with a correlation of 0.44, which is moderate. The relationship has been stable: the 1-year correlation (0.47) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 849.3 %².
By 3-year correlation, URBN places #8 of the 15 assets tracked against BIRK. Correlation aside, the last 12 months split them widely, with URBN ahead by 33.3 points (-32.3% versus +1.0%).
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.
BIRK vs URBN: side by side
| BIRK (Birkenstock Holding plc) | URBN (Urban Outfitters, Inc.) | |
|---|---|---|
| 1-year return | -32.3% | +1.0% |
| 5-year return | n/a | +132.0% |
| Volatility (ann.) | 45.5% | 41.9% |
| Beta vs S&P 500 | 1.18 | 1.09 |
| Max drawdown (3Y) | -50.9% | -28.5% |
| Market cap | $5.8B | $6.7B |
| P/E (trailing) | 17.0 | 15.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BIRK | URBN |
|---|---|---|
| 2022 | – | -18.8% |
| 2023 | – | +49.6% |
| 2024 | +16.3% | +53.8% |
| 2025 | -27.8% | +37.1% |
| 2026 | -13.7% | +4.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BIRK and URBN good diversifiers for each other?
Reasonably. At 0.44, BIRK and URBN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BIRK and URBN?
Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.47 over the last year and n/a over 5 years.
Is URBN a good diversifier for BIRK?
Reasonably. At 0.44, BIRK and URBN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.44 mean?
A reading of 0.44 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/birk-vs-urbn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/birk-vs-urbn/)
Free with attribution; caching and terms are described in the API documentation.
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Hubs: BIRK correlations · URBN correlations
