BLMN vs GDRX: Correlation
How closely do Bloomin' Brands, Inc. (BLMN) and GoodRx Holdings, Inc. (GDRX) trade together? Their weekly returns over three years give a correlation of 0.43, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BLMN and GDRX?
On 3 years of weekly data the BLMN/GDRX correlation comes out at 0.43, moderate. Recent behaviour matches the longer record: 0.50 over 1 year against 0.43 over 3. The 5-year figure is 0.37, and annualized covariance runs at 1615.4 %².
By 3-year correlation, GDRX places #11 of the 20 assets tracked against BLMN. Correlation aside, the last 12 months split them widely, with BLMN ahead by 65.8 points (+43.8% versus -22.0%).
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 GDRX: side by side
| BLMN (Bloomin' Brands, Inc.) | GDRX (GoodRx Holdings, Inc.) | |
|---|---|---|
| 1-year return | +43.8% | -22.0% |
| 5-year return | -53.9% | -90.5% |
| Volatility (ann.) | 61.1% | 62.1% |
| Beta vs S&P 500 | 1.23 | 1.14 |
| Max drawdown (3Y) | -80.5% | -79.3% |
| Market cap | $0.9B | $1.2B |
| P/E (trailing) | 32.6 | 58.5 |
| Dividend yield | 1.35% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BLMN | GDRX |
|---|---|---|
| 2022 | -1.7% | -85.7% |
| 2023 | +45.5% | +43.8% |
| 2024 | -54.4% | -30.6% |
| 2025 | -46.6% | -41.7% |
| 2026 | +69.2% | +29.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BLMN and GDRX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BLMN and GDRX?
As of 2026-08-27, the correlation of weekly returns between BLMN and GDRX is 0.43 over 3 years, 0.50 over 1 year and 0.37 over 5 years.
Is GDRX a good diversifier for BLMN?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.43 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.
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Related comparisons
Hubs: BLMN correlations · GDRX correlations
