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BKE vs GCO: Correlation

Buckle, Inc. (The) (BKE) and Genesco Inc. (GCO) show a moderate relationship: their 3-year correlation of weekly returns is 0.56.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.56
moderate
Correlation (1Y)
0.42
last 12 months
Correlation (5Y)
0.54
long-run
Ann. covariance
1110.7
%² · weekly, annualized

How correlated are BKE and GCO?

Over the past 3 years, BKE and GCO moved with a correlation of 0.56, which is moderate. The link has loosened recently: the 1-year correlation (0.42) runs below the 3-year figure (0.56). Over 5 years the correlation is 0.54, and the annualized covariance of weekly returns is 1110.7 %².

By 3-year correlation, GCO places #7 of the 21 assets tracked against BKE. The last year tells two different stories: GCO led by 17.9 percentage points, -17.9% for BKE against -0.0% for GCO. Risk is not evenly split, since GCO carries 2.0 times the volatility of the other side.

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.

BKE vs GCO: side by side

BKE (Buckle, Inc. (The))GCO (Genesco Inc.)
1-year return-17.9%-0.0%
5-year return+83.6%-47.8%
Volatility (ann.)31.1%63.6%
Beta vs S&P 5000.851.80
Max drawdown (3Y)-33.9%-60.9%
Market cap$2.2B$0.4B
P/E (trailing)10.218.7
Dividend yield1.58%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: BKE 10.2 vs 18.7Higher yield: BKE 1.58% vs 0.00%Smaller drawdown: BKE -33.9% vs -60.9%Higher 5y return: BKE +83.6% vs -47.8%
-32%0%+27%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. BKE · GCO

Year-by-year returns

YearBKEGCO
2022+10.9%-28.3%
2023+15.0%-23.5%
2024+17.5%+21.4%
2025+14.0%-42.1%
2026-13.2%+33.1%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are BKE and GCO good diversifiers for each other?

Only partially. A correlation of 0.56 means BKE and GCO 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 BKE and GCO?

As of 2026-08-27, the correlation of weekly returns between BKE and GCO is 0.56 over 3 years, 0.42 over 1 year and 0.54 over 5 years.

Is GCO a good diversifier for BKE?

Only partially. A correlation of 0.56 means BKE and GCO share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

What does a correlation of 0.56 mean?

On the −1 to +1 scale, 0.56 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

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BKE vs GCO: 3-year weekly correlation 0.56BKE vs GCO0.56

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Hubs: BKE correlations · GCO correlations