BLND vs VIRC: Correlation
Measured on weekly returns over the past three years, Blend Labs, Inc. (BLND) and Virco Manufacturing Corporation (VIRC) carry a correlation of 0.36, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BLND and VIRC?
Across a 3-year window, the weekly returns of BLND and VIRC correlate at 0.36, moderate. Little has changed lately, as the 1-year reading of 0.36 lands near the 3-year figure. Stretching to 5 years gives 0.23, with an annualized covariance of 1641.2 %².
By 3-year correlation, VIRC places #7 of the 12 assets tracked against BLND. Their recent paths diverged sharply: over the last 12 months VIRC outperformed by 27.4 percentage points (-57.2% for BLND against -29.8% for VIRC).
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.
BLND vs VIRC: side by side
| BLND (Blend Labs, Inc.) | VIRC (Virco Manufacturing Corporation) | |
|---|---|---|
| 1-year return | -57.2% | -29.8% |
| 5-year return | -90.5% | +64.8% |
| Volatility (ann.) | 75.5% | 60.8% |
| Beta vs S&P 500 | 1.32 | 1.09 |
| Max drawdown (3Y) | -74.2% | -69.5% |
| Market cap | $0.4B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 1.65% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BLND | VIRC |
|---|---|---|
| 2022 | -80.4% | +50.2% |
| 2023 | +77.1% | +166.6% |
| 2024 | +65.1% | -14.2% |
| 2025 | -27.8% | -36.9% |
| 2026 | -49.3% | -5.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BLND and VIRC good diversifiers for each other?
Reasonably. At 0.36, BLND and VIRC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BLND and VIRC?
As of 2026-08-27, the correlation of weekly returns between BLND and VIRC is 0.36 over 3 years, 0.36 over 1 year and 0.23 over 5 years.
Is VIRC a good diversifier for BLND?
Reasonably. At 0.36, BLND and VIRC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.36 mean?
On the −1 to +1 scale, 0.36 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/blnd-vs-virc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/blnd-vs-virc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BLND correlations · VIRC correlations
