BVC vs RILY: Correlation
BitVentures Limited (BVC) and BRC Group Holdings, Inc. (RILY) show a moderate relationship: their 3-year correlation of weekly returns is 0.34.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BVC and RILY?
Across a 3-year window, the weekly returns of BVC and RILY correlate at 0.34, moderate. The past 12 months show a tighter link (0.47) than the 3-year average (0.34). Stretching to 5 years gives 0.31, with an annualized covariance of 19259.8 %².
Within BVC's tracked universe of 19 assets, RILY comes in at #9 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months BVC outperformed by 1795.3 percentage points (+1822.0% for BVC against +26.7% for RILY). Risk is not evenly split, since BVC carries 4.0 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.
BVC vs RILY: side by side
| BVC (BitVentures Limited) | RILY (BRC Group Holdings, Inc.) | |
|---|---|---|
| 1-year return | +1822.0% | +26.7% |
| 5-year return | +74.6% | -85.6% |
| Volatility (ann.) | 476.9% | 119.9% |
| Beta vs S&P 500 | 1.30 | 0.85 |
| Max drawdown (3Y) | -97.2% | -94.1% |
| Market cap | $2.1B | $0.3B |
| P/E (trailing) | 8.3 | 0.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BVC | RILY |
|---|---|---|
| 2022 | +1.2% | -58.4% |
| 2023 | -67.4% | -30.8% |
| 2024 | -33.5% | -77.3% |
| 2025 | -7.3% | +1.7% |
| 2026 | +1002.6% | +52.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BVC and RILY good diversifiers for each other?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BVC and RILY?
As of 2026-08-27, the correlation of weekly returns between BVC and RILY is 0.34 over 3 years, 0.47 over 1 year and 0.31 over 5 years.
Is RILY a good diversifier for BVC?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.34 mean?
A reading of 0.34 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bvc-vs-rily.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bvc-vs-rily/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BVC correlations · RILY correlations
