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BRCC vs RDIB: Correlation

Measured on weekly returns over the past three years, BRC Inc. (BRCC) and Reading International Inc - Class B Voting (RDIB) carry a correlation of 0.48, a moderate link.

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

Correlation (3Y)
0.48
moderate
Correlation (1Y)
0.83
last 12 months
Correlation (5Y)
0.42
long-run
Ann. covariance
20067.8
%² · weekly, annualized

How correlated are BRCC and RDIB?

Across a 3-year window, the weekly returns of BRCC and RDIB correlate at 0.48, moderate. The link has tightened recently: the 1-year correlation (0.83) runs above the 3-year figure (0.48). Stretching to 5 years gives 0.42, with an annualized covariance of 20067.8 %².

Among the 20 assets we track against BRCC, RDIB ranks #11 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months BRCC outperformed by 407.7 percentage points (+420.5% for BRCC against +12.8% for RDIB). Risk is not evenly split, since BRCC carries 6.0 times the volatility of the other side.

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 RDIB: side by side

BRCC (BRC Inc.)RDIB (Reading International Inc - Class B Voting)
1-year return+420.5%+12.8%
5-year return-46.4%-35.9%
Volatility (ann.)497.7%83.4%
Beta vs S&P 5002.050.58
Max drawdown (3Y)-90.8%-72.8%
Market cap$0.1B$0.4B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: RDIB -72.8% vs -90.8%Higher 5y return: RDIB -35.9% vs -46.4%
-59%0%+448%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). BRCC · RDIB

Year-by-year returns

YearBRCCRDIB
2022-14.5%
2023-40.6%-29.1%
2024-12.7%-39.6%
2025-65.0%+36.5%
2026+655.0%+32.8%

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

Are BRCC and RDIB good diversifiers for each other?

A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between BRCC and RDIB?

As of 2026-08-27, the correlation of weekly returns between BRCC and RDIB is 0.48 over 3 years, 0.83 over 1 year and 0.42 over 5 years.

Is RDIB a good diversifier for BRCC?

A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.48 mean?

On the −1 to +1 scale, 0.48 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.

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BRCC vs RDIB: 3-year weekly correlation 0.48BRCC vs RDIB0.48

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Related comparisons

Hubs: BRCC correlations · RDIB correlations