BWA vs ST: Correlation
BorgWarner Inc. (BWA) and Sensata Technologies Holding plc (ST) show a strong relationship: their 3-year correlation of weekly returns is 0.62.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BWA and ST?
Over the past 3 years, BWA and ST moved with a correlation of 0.62, which is strong. Lately the two have drifted apart, with the 1-year correlation at 0.48 versus 0.62 over 3 years. Over 5 years the correlation is 0.66, and the annualized covariance of weekly returns is 656.6 %².
In BWA's tracked universe of 16 assets, ST sits right near the top at #2. The last year tells two different stories: BWA led by 22.6 percentage points, +50.9% for BWA against +28.3% for ST.
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.
BWA vs ST: side by side
| BWA (BorgWarner Inc.) | ST (Sensata Technologies Holding plc) | |
|---|---|---|
| 1-year return | +50.9% | +28.3% |
| 5-year return | +84.0% | -25.4% |
| Volatility (ann.) | 29.6% | 36.0% |
| Beta vs S&P 500 | 0.54 | 1.30 |
| Max drawdown (3Y) | -38.7% | -58.4% |
| Market cap | $13.2B | $6.2B |
| P/E (trailing) | 31.9 | 68.5 |
| Dividend yield | 1.05% | 1.13% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BWA | ST |
|---|---|---|
| 2022 | -9.2% | -34.0% |
| 2023 | +2.5% | -5.9% |
| 2024 | -10.2% | -26.1% |
| 2025 | +43.9% | +23.5% |
| 2026 | +44.6% | +28.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BWA and ST good diversifiers for each other?
Somewhat, no more. With 0.62 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BWA and ST?
As of 2026-08-27, the correlation of weekly returns between BWA and ST is 0.62 over 3 years, 0.48 over 1 year and 0.66 over 5 years.
Is ST a good diversifier for BWA?
Somewhat, no more. With 0.62 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.62 mean?
A reading of 0.62 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/bwa-vs-st.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bwa-vs-st/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BWA correlations · ST correlations
