BLMN vs EOLS: Correlation
Measured on weekly returns over the past three years, Bloomin' Brands, Inc. (BLMN) and Evolus, Inc. (EOLS) carry a correlation of 0.42, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BLMN and EOLS?
Over the past 3 years, BLMN and EOLS moved with a correlation of 0.42, which is moderate. Recent behaviour matches the longer record: 0.40 over 1 year against 0.42 over 3. Over 5 years the correlation is 0.36, and the annualized covariance of weekly returns is 1647.6 %².
Within BLMN's tracked universe of 20 assets, EOLS comes in at #12 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months BLMN outperformed by 26.6 percentage points (+43.8% for BLMN against +17.2% for EOLS).
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.
BLMN vs EOLS: side by side
| BLMN (Bloomin' Brands, Inc.) | EOLS (Evolus, Inc.) | |
|---|---|---|
| 1-year return | +43.8% | +17.2% |
| 5-year return | -53.9% | -16.1% |
| Volatility (ann.) | 61.1% | 63.5% |
| Beta vs S&P 500 | 1.23 | 1.06 |
| Max drawdown (3Y) | -80.5% | -77.5% |
| Market cap | $0.9B | $0.6B |
| P/E (trailing) | 32.6 | – |
| Dividend yield | 1.35% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BLMN | EOLS |
|---|---|---|
| 2022 | -1.7% | +15.4% |
| 2023 | +45.5% | +40.2% |
| 2024 | -54.4% | +4.8% |
| 2025 | -46.6% | -39.8% |
| 2026 | +69.2% | +33.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BLMN and EOLS good diversifiers for each other?
Reasonably. At 0.42, BLMN and EOLS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BLMN and EOLS?
Using weekly returns as of 2026-08-27: 0.42 over 3 years, with 0.40 over the last year and 0.36 over 5 years.
Is EOLS a good diversifier for BLMN?
Reasonably. At 0.42, BLMN and EOLS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.42 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/blmn-vs-eols.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/blmn-vs-eols/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BLMN correlations · EOLS correlations
