BRLS vs C: Correlation
Borealis Foods Inc. - Class A (BRLS) and Citigroup (C) show a negative relationship: their 3-year correlation of weekly returns is -0.16.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRLS and C?
Across a 3-year window, the weekly returns of BRLS and C correlate at -0.16, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.38 versus -0.16 over 3 years. Stretching to 5 years gives -0.12, with an annualized covariance of -769.4 %².
By 3-year correlation, C places #9 of the 21 assets tracked against BRLS. Correlation aside, the last 12 months split them widely, with C ahead by 101.6 points (-61.7% versus +39.9%). Risk is not evenly split, since BRLS carries 5.3 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.
BRLS vs C: side by side
| BRLS (Borealis Foods Inc. - Class A) | C (Citigroup) | |
|---|---|---|
| 1-year return | -61.7% | +39.9% |
| 5-year return | -88.7% | +119.6% |
| Volatility (ann.) | 160.0% | 30.3% |
| Beta vs S&P 500 | -0.09 | 1.39 |
| Max drawdown (3Y) | -94.8% | -31.3% |
| Market cap | – | $222.6B |
| P/E (trailing) | – | 14.4 |
| Dividend yield | 0.00% | 1.80% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | BRLS | C |
|---|---|---|
| 2022 | +4.6% | -22.1% |
| 2023 | +9.5% | +19.0% |
| 2024 | -47.3% | +41.9% |
| 2025 | -66.5% | +70.4% |
| 2026 | -44.5% | +15.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRLS and C good diversifiers for each other?
Yes: at -0.16, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BRLS and C?
As of 2026-08-27, the correlation of weekly returns between BRLS and C is -0.16 over 3 years, -0.38 over 1 year and -0.12 over 5 years.
Is C a good diversifier for BRLS?
Yes: at -0.16, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.16 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/brls-vs-c.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/brls-vs-c/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BRLS correlations · C correlations
