BLK vs COTY: Correlation
Measured on weekly returns over the past three years, BlackRock (BLK) and Coty Inc. (COTY) carry a correlation of 0.44, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BLK and COTY?
Across a 3-year window, the weekly returns of BLK and COTY correlate at 0.44, moderate. Recent behaviour matches the longer record: 0.41 over 1 year against 0.44 over 3. Stretching to 5 years gives 0.46, with an annualized covariance of 461.2 %².
By 3-year correlation, COTY places #30 of the 42 assets tracked against BLK. Correlation aside, the last 12 months split them widely, with BLK ahead by 39.6 points (+5.3% versus -34.3%). One caveat on sizing: COTY is 1.7 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.
BLK vs COTY: side by side
| BLK (BlackRock) | COTY (Coty Inc.) | |
|---|---|---|
| 1-year return | +5.3% | -34.3% |
| 5-year return | +38.9% | -71.0% |
| Volatility (ann.) | 24.7% | 42.5% |
| Beta vs S&P 500 | 1.19 | 1.08 |
| Max drawdown (3Y) | -23.7% | -86.0% |
| Market cap | $189.7B | $2.4B |
| P/E (trailing) | 28.1 | – |
| Dividend yield | 1.86% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | BLK | COTY |
|---|---|---|
| 2022 | -20.4% | -18.5% |
| 2023 | +17.9% | +45.1% |
| 2024 | +29.3% | -44.0% |
| 2025 | +6.6% | -55.7% |
| 2026 | +10.3% | -10.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BLK and COTY good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BLK and COTY?
The BLK/COTY correlation stands at 0.44 on a 3-year window (1 year: 0.41, 5 years: 0.46), computed from weekly returns as of 2026-08-27.
Is COTY a good diversifier for BLK?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 mean?
A reading of 0.44 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/blk-vs-coty.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/blk-vs-coty/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BLK correlations · COTY correlations
