BLDR vs UFPI: Correlation
How closely do Builders FirstSource (BLDR) and UFP Industries, Inc. (UFPI) trade together? Their weekly returns over three years give a correlation of 0.79, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BLDR and UFPI?
Over the past 3 years, BLDR and UFPI moved with a correlation of 0.79, which is strong. The relationship has been stable: the 1-year correlation (0.83) sits close to the 3-year figure. Over 5 years the correlation is 0.76, and the annualized covariance of weekly returns is 1060.2 %².
Few assets follow BLDR as closely as UFPI, which ranks #2 of 48 tracked partners. The last year tells two different stories: UFPI led by 36.5 percentage points, -52.6% for BLDR against -16.1% for UFPI. Note the risk asymmetry: BLDR runs 1.6 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 UFPI: side by side
| BLDR (Builders FirstSource) | UFPI (UFP Industries, Inc.) | |
|---|---|---|
| 1-year return | -52.6% | -16.1% |
| 5-year return | +25.8% | +16.0% |
| Volatility (ann.) | 45.6% | 29.4% |
| Beta vs S&P 500 | 1.36 | 0.82 |
| Max drawdown (3Y) | -68.7% | -41.9% |
| Market cap | $7.2B | $4.7B |
| P/E (trailing) | 74.7 | 19.7 |
| Dividend yield | 0.00% | 1.64% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | BLDR | UFPI |
|---|---|---|
| 2022 | -24.3% | -12.9% |
| 2023 | +157.3% | +60.3% |
| 2024 | -14.4% | -9.3% |
| 2025 | -28.0% | -18.0% |
| 2026 | -34.7% | -5.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BLDR and UFPI good diversifiers for each other?
To a limited degree. At 0.79 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 UFPI?
The BLDR/UFPI correlation stands at 0.79 on a 3-year window (1 year: 0.83, 5 years: 0.76), computed from weekly returns as of 2026-08-27.
Is UFPI a good diversifier for BLDR?
To a limited degree. At 0.79 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 0.79 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-ufpi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bldr-vs-ufpi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BLDR correlations · UFPI correlations
