BRBR vs MU: Correlation
Measured on weekly returns over the past three years, BellRing Brands, Inc. (BRBR) and Micron Technology (MU) carry a correlation of -0.19, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRBR and MU?
Over the past 3 years, BRBR and MU moved with a correlation of -0.19, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.32) than the 3-year average (-0.19). Over 5 years the correlation is -0.11, and the annualized covariance of weekly returns is -634.1 %².
Within BRBR's tracked universe of 20 assets, MU comes in at #10 by 3-year correlation. Correlation aside, the last 12 months split them widely, with MU ahead by 770.5 points (-74.8% versus +695.7%).
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.
BRBR vs MU: side by side
| BRBR (BellRing Brands, Inc.) | MU (Micron Technology) | |
|---|---|---|
| 1-year return | -74.8% | +695.7% |
| 5-year return | -68.8% | +1211.2% |
| Volatility (ann.) | 51.5% | 63.3% |
| Beta vs S&P 500 | 0.49 | 2.47 |
| Max drawdown (3Y) | -90.0% | -57.6% |
| Market cap | $1.2B | – |
| P/E (trailing) | 7.6 | 21.2 |
| Dividend yield | 0.00% | 0.06% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | BRBR | MU |
|---|---|---|
| 2022 | -10.1% | -45.9% |
| 2023 | +116.2% | +71.9% |
| 2024 | +35.9% | -1.0% |
| 2025 | -64.5% | +240.2% |
| 2026 | -61.6% | +227.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRBR and MU good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between BRBR and MU?
The BRBR/MU correlation stands at -0.19 on a 3-year window (1 year: -0.32, 5 years: -0.11), computed from weekly returns as of 2026-08-27.
Is MU a good diversifier for BRBR?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 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/brbr-vs-mu.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/brbr-vs-mu/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BRBR correlations · MU correlations
