BLDR vs BXC: Correlation
Builders FirstSource (BLDR) and Bluelinx Holdings Inc. (BXC) show a strong relationship: their 3-year correlation of weekly returns is 0.69.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BLDR and BXC?
On 3 years of weekly data the BLDR/BXC correlation comes out at 0.69, strong. Little has changed lately, as the 1-year reading of 0.67 lands near the 3-year figure. The 5-year figure is 0.68, and annualized covariance runs at 1982.1 %².
Among the 48 assets we track against BLDR, BXC ranks #18 by 3-year correlation. The last year tells two different stories: BXC led by 50.0 percentage points, -52.6% for BLDR against -2.6% for BXC.
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.
BLDR vs BXC: side by side
| BLDR (Builders FirstSource) | BXC (Bluelinx Holdings Inc.) | |
|---|---|---|
| 1-year return | -52.6% | -2.6% |
| 5-year return | +25.8% | +33.6% |
| Volatility (ann.) | 45.6% | 62.7% |
| Beta vs S&P 500 | 1.36 | 1.54 |
| Max drawdown (3Y) | -68.7% | -65.6% |
| Market cap | $7.2B | $0.6B |
| P/E (trailing) | 74.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | BLDR | BXC |
|---|---|---|
| 2022 | -24.3% | -25.7% |
| 2023 | +157.3% | +59.3% |
| 2024 | -14.4% | -9.8% |
| 2025 | -28.0% | -39.9% |
| 2026 | -34.7% | +29.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BLDR and BXC good diversifiers for each other?
To a limited degree. At 0.69 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between BLDR and BXC?
As of 2026-08-27, the correlation of weekly returns between BLDR and BXC is 0.69 over 3 years, 0.67 over 1 year and 0.68 over 5 years.
Is BXC a good diversifier for BLDR?
To a limited degree. At 0.69 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.69 mean?
On the −1 to +1 scale, 0.69 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/bldr-vs-bxc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bldr-vs-bxc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BLDR correlations · BXC correlations
