BLDR vs URI: Correlation
Builders FirstSource (BLDR) and United Rentals (URI) show a strong relationship: their 3-year correlation of weekly returns is 0.62.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BLDR and URI?
Across a 3-year window, the weekly returns of BLDR and URI correlate at 0.62, strong. The relationship has been stable: the 1-year correlation (0.52) sits close to the 3-year figure. Stretching to 5 years gives 0.59, with an annualized covariance of 1120.5 %².
Within BLDR's tracked universe of 48 assets, URI comes in at #26 by 3-year correlation. Correlation aside, the last 12 months split them widely, with URI ahead by 62.8 points (-52.6% versus +10.2%). Stability stands out here, with the rolling one-year correlation confined to 0.51 through 0.75.
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 URI: side by side
| BLDR (Builders FirstSource) | URI (United Rentals) | |
|---|---|---|
| 1-year return | -52.6% | +10.2% |
| 5-year return | +25.8% | +204.1% |
| Volatility (ann.) | 45.6% | 39.5% |
| Beta vs S&P 500 | 1.36 | 1.42 |
| Max drawdown (3Y) | -68.7% | -37.0% |
| Market cap | $7.2B | $64.6B |
| P/E (trailing) | 74.7 | 25.4 |
| Dividend yield | 0.00% | 0.71% |
| Sector / category | Industrials | Industrials |
Year-by-year returns
| Year | BLDR | URI |
|---|---|---|
| 2022 | -24.3% | +7.0% |
| 2023 | +157.3% | +63.6% |
| 2024 | -14.4% | +24.0% |
| 2025 | -28.0% | +15.9% |
| 2026 | -34.7% | +29.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BLDR and URI good diversifiers for each other?
Only partially. A correlation of 0.62 means BLDR and URI 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 BLDR and URI?
Using weekly returns as of 2026-08-27: 0.62 over 3 years, with 0.52 over the last year and 0.59 over 5 years.
Is URI a good diversifier for BLDR?
Only partially. A correlation of 0.62 means BLDR and URI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.62 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-uri.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bldr-vs-uri/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BLDR correlations · URI correlations
