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
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 500 | 2.05 | 0.58 |
| Max drawdown (3Y) | -90.8% | -72.8% |
| Market cap | $0.1B | $0.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BRCC | RDIB |
|---|---|---|
| 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/brcc-vs-rdib.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/brcc-vs-rdib/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BRCC correlations · RDIB correlations