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BOF vs BRID: Correlation

Measured on weekly returns over the past three years, BranchOut Food Inc. (BOF) and Bridgford Foods Corporation (BRID) carry a correlation of 0.30, a moderate link.

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

Correlation (3Y)
0.30
moderate
Correlation (1Y)
0.01
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
1616.3
%² · weekly, annualized

How correlated are BOF and BRID?

Over the past 3 years, BOF and BRID moved with a correlation of 0.30, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.01 versus 0.30 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 1616.3 %².

Among the 10 assets we track against BOF, BRID ranks #5 by 3-year correlation. The last year tells two different stories: BOF led by 115.0 percentage points, +97.1% for BOF against -17.9% for BRID. Note the risk asymmetry: BOF runs 4.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.

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.

BOF vs BRID: side by side

BOF (BranchOut Food Inc.)BRID (Bridgford Foods Corporation)
1-year return+97.1%-17.9%
5-year returnn/a-53.4%
Volatility (ann.)162.9%33.3%
Beta vs S&P 5001.190.31
Max drawdown (3Y)-76.8%-54.0%
Market cap$0.1B$0.1B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: BRID -54.0% vs -76.8%
-22%0%+112%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. BOF · BRID

Year-by-year returns

YearBOFBRID
2022-1.6%
2023-7.7%
2024+43.0%-2.2%
2025+83.8%-27.5%
2026+30.2%-21.2%

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

Are BOF and BRID good diversifiers for each other?

A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between BOF and BRID?

As of 2026-08-27, the correlation of weekly returns between BOF and BRID is 0.30 over 3 years, 0.01 over 1 year and n/a over 5 years.

Is BRID a good diversifier for BOF?

A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.30 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

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BOF vs BRID: 3-year weekly correlation 0.30BOF vs BRID0.30

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Related comparisons

Hubs: BOF correlations · BRID correlations