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BRCC vs GAME: Correlation

Measured on weekly returns over the past three years, BRC Inc. (BRCC) and GameSquare Holdings, Inc. (GAME) carry a correlation of 0.96, a very strong link.

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

Correlation (3Y)
0.96
very strong
Correlation (1Y)
0.99
last 12 months
Correlation (5Y)
0.91
long-run
Ann. covariance
189787.6
%² · weekly, annualized

How correlated are BRCC and GAME?

Across a 3-year window, the weekly returns of BRCC and GAME correlate at 0.96, very strong, meaning they move nearly in lockstep. The relationship has been stable: the 1-year correlation (0.99) sits close to the 3-year figure. Stretching to 5 years gives 0.91, with an annualized covariance of 189787.6 %².

By 3-year correlation, GAME places #4 of the 20 assets tracked against BRCC. The last year tells two different stories: BRCC led by 113.4 percentage points, +420.5% for BRCC against +307.1% for GAME.

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.

BRCC vs GAME: side by side

BRCC (BRC Inc.)GAME (GameSquare Holdings, Inc.)
1-year return+420.5%+307.1%
5-year return-46.4%-88.4%
Volatility (ann.)497.7%398.8%
Beta vs S&P 5002.051.64
Max drawdown (3Y)-90.8%-90.7%
Market cap$0.1B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: GAME -90.7% vs -90.8%Higher 5y return: BRCC -46.4% vs -88.4%
-65%0%+448%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). BRCC · GAME

Year-by-year returns

YearBRCCGAME
2022-67.8%
2023-40.6%-53.8%
2024-12.7%-54.4%
2025-65.0%-53.3%
2026+655.0%+736.4%

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

Are BRCC and GAME good diversifiers for each other?

No: a correlation of 0.96 means BRCC and GAME tend to fall together, which is precisely when diversification is supposed to help.

FAQ

What is the correlation between BRCC and GAME?

As of 2026-08-27, the correlation of weekly returns between BRCC and GAME is 0.96 over 3 years, 0.99 over 1 year and 0.91 over 5 years.

Is GAME a good diversifier for BRCC?

No: a correlation of 0.96 means BRCC and GAME tend to fall together, which is precisely when diversification is supposed to help.

What does a correlation of 0.96 mean?

A reading of 0.96 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

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BRCC vs GAME: 3-year weekly correlation 0.96BRCC vs GAME0.96

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Related comparisons

Hubs: BRCC correlations · GAME correlations