BLDR vs TSCO: Correlation
How closely do Builders FirstSource (BLDR) and Tractor Supply (TSCO) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BLDR and TSCO?
Across a 3-year window, the weekly returns of BLDR and TSCO correlate at 0.45, moderate. The relationship has been stable: the 1-year correlation (0.41) sits close to the 3-year figure. Stretching to 5 years gives 0.42, with an annualized covariance of 589.3 %².
Within BLDR's tracked universe of 48 assets, TSCO comes in at #34 by 3-year correlation. The trailing year gives TSCO the advantage: -52.6% versus -43.0%, a 9.6-point spread. The rolling one-year correlation moved between 0.31 and 0.58 over the past three years, a moderate range. Risk is not evenly split, since BLDR carries 1.6 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.
BLDR vs TSCO: side by side
| BLDR (Builders FirstSource) | TSCO (Tractor Supply) | |
|---|---|---|
| 1-year return | -52.6% | -43.0% |
| 5-year return | +25.8% | -1.7% |
| Volatility (ann.) | 45.6% | 28.5% |
| Beta vs S&P 500 | 1.36 | 0.67 |
| Max drawdown (3Y) | -68.7% | -52.7% |
| Market cap | $7.2B | $18.1B |
| P/E (trailing) | 74.7 | 18.3 |
| Dividend yield | 0.00% | 2.68% |
| Sector / category | Industrials | Consumer Discretionary |
Year-by-year returns
| Year | BLDR | TSCO |
|---|---|---|
| 2022 | -24.3% | -4.0% |
| 2023 | +157.3% | -2.6% |
| 2024 | -14.4% | +25.4% |
| 2025 | -28.0% | -4.2% |
| 2026 | -34.7% | -29.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BLDR and TSCO good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BLDR and TSCO?
The BLDR/TSCO correlation stands at 0.45 on a 3-year window (1 year: 0.41, 5 years: 0.42), computed from weekly returns as of 2026-08-27.
Is TSCO a good diversifier for BLDR?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bldr-vs-tsco.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bldr-vs-tsco/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BLDR correlations · TSCO correlations
