BRCC vs IESC: Correlation
BRC Inc. (BRCC) and IES Holdings, Inc. (IESC) show a negative relationship: their 3-year correlation of weekly returns is -0.43.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRCC and IESC?
Over the past 3 years, BRCC and IESC moved with a correlation of -0.43, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.67 versus -0.43 over 3 years. Over 5 years the correlation is -0.38, and the annualized covariance of weekly returns is -14612.0 %².
Out of 20 assets tracked against BRCC, IESC lands near the bottom at #20. Their recent paths diverged sharply: over the last 12 months BRCC outperformed by 426.7 percentage points (+420.5% for BRCC against -6.2% for IESC). One caveat on sizing: BRCC is 7.3 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 IESC: side by side
| BRCC (BRC Inc.) | IESC (IES Holdings, Inc.) | |
|---|---|---|
| 1-year return | +420.5% | -6.2% |
| 5-year return | -46.4% | +580.8% |
| Volatility (ann.) | 497.7% | 68.3% |
| Beta vs S&P 500 | 2.05 | 1.67 |
| Max drawdown (3Y) | -90.8% | -60.5% |
| Market cap | $0.1B | $13.3B |
| P/E (trailing) | – | 29.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BRCC | IESC |
|---|---|---|
| 2022 | – | -29.8% |
| 2023 | -40.6% | +122.7% |
| 2024 | -12.7% | +153.7% |
| 2025 | -65.0% | +93.6% |
| 2026 | +655.0% | -14.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRCC and IESC good diversifiers for each other?
Yes. With a correlation of -0.43, BRCC and IESC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BRCC and IESC?
Using weekly returns as of 2026-08-27: -0.43 over 3 years, with -0.67 over the last year and -0.38 over 5 years.
Is IESC a good diversifier for BRCC?
Yes. With a correlation of -0.43, BRCC and IESC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.43 mean?
On the −1 to +1 scale, -0.43 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/brcc-vs-iesc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/brcc-vs-iesc/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BRCC correlations · IESC correlations
