BLDR vs SEGG: Correlation
How closely do Builders FirstSource (BLDR) and Sports Entertainment Gaming Global Corporation (SEGG) trade together? Their weekly returns over three years give a correlation of -0.17, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BLDR and SEGG?
Across a 3-year window, the weekly returns of BLDR and SEGG correlate at -0.17, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.22 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of -3044.6 %².
Within BLDR's tracked universe of 48 assets, SEGG comes in at #41 by 3-year correlation. Neither side won the trailing year by much: -52.6% against -56.8%. One caveat on sizing: SEGG is 8.5 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.
BLDR vs SEGG: side by side
| BLDR (Builders FirstSource) | SEGG (Sports Entertainment Gaming Global Corporation) | |
|---|---|---|
| 1-year return | -52.6% | -56.8% |
| 5-year return | +25.8% | n/a |
| Volatility (ann.) | 45.6% | 389.2% |
| Beta vs S&P 500 | 1.36 | 0.24 |
| Max drawdown (3Y) | -68.7% | -98.9% |
| Market cap | $7.2B | – |
| P/E (trailing) | 74.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | BLDR | SEGG |
|---|---|---|
| 2022 | -24.3% | – |
| 2023 | +157.3% | – |
| 2024 | -14.4% | -82.1% |
| 2025 | -28.0% | -84.9% |
| 2026 | -34.7% | +274.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BLDR and SEGG good diversifiers for each other?
Yes. With a correlation of -0.17, BLDR and SEGG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BLDR and SEGG?
As of 2026-08-27, the correlation of weekly returns between BLDR and SEGG is -0.17 over 3 years, -0.22 over 1 year and n/a over 5 years.
Is SEGG a good diversifier for BLDR?
Yes. With a correlation of -0.17, BLDR and SEGG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.17 mean?
On the −1 to +1 scale, -0.17 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-segg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bldr-vs-segg/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BLDR correlations · SEGG correlations
