BRBR vs WLDN: Correlation
BellRing Brands, Inc. (BRBR) and Willdan Group, Inc. (WLDN) show a negative relationship: their 3-year correlation of weekly returns is -0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRBR and WLDN?
Across a 3-year window, the weekly returns of BRBR and WLDN correlate at -0.25, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.29 lands near the 3-year figure. Stretching to 5 years gives -0.07, with an annualized covariance of -665.6 %².
Out of 20 assets tracked against BRBR, WLDN lands near the bottom at #17. The last year tells two different stories: WLDN led by 50.4 percentage points, -74.8% for BRBR against -24.4% for WLDN.
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 WLDN: side by side
| BRBR (BellRing Brands, Inc.) | WLDN (Willdan Group, Inc.) | |
|---|---|---|
| 1-year return | -74.8% | -24.4% |
| 5-year return | -68.8% | +134.3% |
| Volatility (ann.) | 51.5% | 52.6% |
| Beta vs S&P 500 | 0.49 | 0.98 |
| Max drawdown (3Y) | -90.0% | -50.4% |
| Market cap | $1.2B | $1.3B |
| P/E (trailing) | 7.6 | 20.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BRBR | WLDN |
|---|---|---|
| 2022 | -10.1% | -49.3% |
| 2023 | +116.2% | +20.4% |
| 2024 | +35.9% | +77.2% |
| 2025 | -64.5% | +172.1% |
| 2026 | -61.6% | -15.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRBR and WLDN good diversifiers for each other?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
FAQ
What is the correlation between BRBR and WLDN?
As of 2026-08-27, the correlation of weekly returns between BRBR and WLDN is -0.25 over 3 years, -0.29 over 1 year and -0.07 over 5 years.
Is WLDN a good diversifier for BRBR?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
What does a correlation of -0.25 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-wldn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/brbr-vs-wldn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BRBR correlations · WLDN correlations
