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BOC vs BRC: Correlation

Measured on weekly returns over the past three years, Boston Omaha Corporation (BOC) and Brady Corporation (BRC) carry a correlation of 0.44, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.44
moderate
Correlation (1Y)
0.49
last 12 months
Correlation (5Y)
0.47
long-run
Ann. covariance
348.8
%² · weekly, annualized

How correlated are BOC and BRC?

Across a 3-year window, the weekly returns of BOC and BRC correlate at 0.44, moderate. Little has changed lately, as the 1-year reading of 0.49 lands near the 3-year figure. Stretching to 5 years gives 0.47, with an annualized covariance of 348.8 %².

Few assets follow BOC as closely as BRC, which ranks #1 of 12 tracked partners. The last year tells two different stories: BRC led by 20.6 percentage points, +1.5% for BOC against +22.1% for BRC.

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.

BOC vs BRC: side by side

BOC (Boston Omaha Corporation)BRC (Brady Corporation)
1-year return+1.5%+22.1%
5-year return-60.8%+91.6%
Volatility (ann.)29.8%26.5%
Beta vs S&P 5000.310.43
Max drawdown (3Y)-37.4%-26.1%
Market cap$0.4B
P/E (trailing)21.4
Dividend yield0.00%1.04%
Sector / categoryUS ListedUS Listed
Higher yield: BRC 1.04% vs 0.00%Smaller drawdown: BRC -26.1% vs -37.4%Higher 5y return: BRC +91.6% vs -60.8%
-18%0%+20%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. BOC · BRC

Year-by-year returns

YearBOCBRC
2022-7.8%-10.9%
2023-40.6%+26.9%
2024-9.9%+27.7%
2025-12.8%+7.6%
2026+11.2%+20.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are BOC and BRC good diversifiers for each other?

Reasonably. At 0.44, BOC and BRC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between BOC and BRC?

The BOC/BRC correlation stands at 0.44 on a 3-year window (1 year: 0.49, 5 years: 0.47), computed from weekly returns as of 2026-08-27.

Is BRC a good diversifier for BOC?

Reasonably. At 0.44, BOC and BRC keep a meaningful degree of independence, and combining them has historically reduced portfolio 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/boc-vs-brc.json

BOC vs BRC: 3-year weekly correlation 0.44BOC vs BRC0.44

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Related comparisons

Hubs: BOC correlations · BRC correlations