BLMN vs GUTS: Correlation
Bloomin' Brands, Inc. (BLMN) and Fractyl Health, Inc. (GUTS) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BLMN and GUTS?
On 3 years of weekly data the BLMN/GUTS correlation comes out at 0.37, moderate. The relationship has been stable: the 1-year correlation (0.34) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 2619.1 %².
Within BLMN's tracked universe of 20 assets, GUTS comes in at #14 by 3-year correlation. The last year tells two different stories: BLMN led by 68.9 percentage points, +43.8% for BLMN against -25.1% for GUTS. One caveat on sizing: GUTS is 1.8 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.
BLMN vs GUTS: side by side
| BLMN (Bloomin' Brands, Inc.) | GUTS (Fractyl Health, Inc.) | |
|---|---|---|
| 1-year return | +43.8% | -25.1% |
| 5-year return | -53.9% | n/a |
| Volatility (ann.) | 61.1% | 108.3% |
| Beta vs S&P 500 | 1.23 | 1.43 |
| Max drawdown (3Y) | -80.5% | -96.9% |
| Market cap | $0.9B | $0.1B |
| P/E (trailing) | 32.6 | – |
| Dividend yield | 1.35% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BLMN | GUTS |
|---|---|---|
| 2022 | -1.7% | – |
| 2023 | +45.5% | – |
| 2024 | -54.4% | – |
| 2025 | -46.6% | +6.8% |
| 2026 | +69.2% | -66.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BLMN and GUTS good diversifiers for each other?
Reasonably. At 0.37, BLMN and GUTS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BLMN and GUTS?
The BLMN/GUTS correlation stands at 0.37 on a 3-year window (1 year: 0.34, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is GUTS a good diversifier for BLMN?
Reasonably. At 0.37, BLMN and GUTS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 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-guts.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/blmn-vs-guts/)
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Related comparisons
Hubs: BLMN correlations · GUTS correlations
