BUD vs RDDT: Correlation
Anheuser-Busch Inbev SA Sponsored ADR (Belgium) (BUD) and Reddit (RDDT) show a negative relationship: their 3-year correlation of weekly returns is -0.28.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BUD and RDDT?
Over the past 3 years, BUD and RDDT moved with a correlation of -0.28, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.41) than the 3-year average (-0.28). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -571.6 %².
Out of 15 assets tracked against BUD, RDDT lands near the bottom at #13. Correlation aside, the last 12 months split them widely, with BUD ahead by 54.9 points (+27.8% versus -27.1%). One caveat on sizing: RDDT is 2.8 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.
BUD vs RDDT: side by side
| BUD (Anheuser-Busch Inbev SA Sponsored ADR (Belgium)) | RDDT (Reddit) | |
|---|---|---|
| 1-year return | +27.8% | -27.1% |
| 5-year return | +39.0% | n/a |
| Volatility (ann.) | 26.7% | 75.2% |
| Beta vs S&P 500 | 0.38 | 2.59 |
| Max drawdown (3Y) | -31.5% | -61.4% |
| Market cap | $155.8B | $29.6B |
| P/E (trailing) | 16.9 | 36.1 |
| Dividend yield | 1.50% | 0.00% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | BUD | RDDT |
|---|---|---|
| 2022 | +0.1% | – |
| 2023 | +9.0% | – |
| 2024 | -21.4% | – |
| 2025 | +30.1% | +40.6% |
| 2026 | +25.4% | -33.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BUD and RDDT good diversifiers for each other?
Yes. With a correlation of -0.28, BUD and RDDT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BUD and RDDT?
As of 2026-08-27, the correlation of weekly returns between BUD and RDDT is -0.28 over 3 years, -0.41 over 1 year and n/a over 5 years.
Is RDDT a good diversifier for BUD?
Yes. With a correlation of -0.28, BUD and RDDT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.28 mean?
On the −1 to +1 scale, -0.28 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/bud-vs-rddt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bud-vs-rddt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BUD correlations · RDDT correlations
