BX vs EVR: Correlation
Measured on weekly returns over the past three years, Blackstone Inc. (BX) and Evercore Inc. (EVR) carry a correlation of 0.64, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BX and EVR?
Across a 3-year window, the weekly returns of BX and EVR correlate at 0.64, strong. The link has loosened recently: the 1-year correlation (0.51) runs below the 3-year figure (0.64). Stretching to 5 years gives 0.65, with an annualized covariance of 785.2 %².
Within BX's tracked universe of 35 assets, EVR comes in at #14 by 3-year correlation. Their 12-month results are close: -12.9% for BX against -9.0% for EVR.
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.
BX vs EVR: side by side
| BX (Blackstone Inc.) | EVR (Evercore Inc.) | |
|---|---|---|
| 1-year return | -12.9% | -9.0% |
| 5-year return | +37.5% | +125.5% |
| Volatility (ann.) | 34.0% | 35.8% |
| Beta vs S&P 500 | 1.36 | 1.64 |
| Max drawdown (3Y) | -46.5% | -47.9% |
| Market cap | $171.7B | $11.2B |
| P/E (trailing) | 32.1 | 16.4 |
| Dividend yield | 3.65% | 1.19% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | BX | EVR |
|---|---|---|
| 2022 | -40.0% | -17.6% |
| 2023 | +82.7% | +60.6% |
| 2024 | +35.1% | +64.3% |
| 2025 | -7.8% | +24.3% |
| 2026 | -3.9% | -13.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BX and EVR good diversifiers for each other?
To a limited degree. At 0.64 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between BX and EVR?
Using weekly returns as of 2026-08-27: 0.64 over 3 years, with 0.51 over the last year and 0.65 over 5 years.
Is EVR a good diversifier for BX?
To a limited degree. At 0.64 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.64 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/bx-vs-evr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bx-vs-evr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BX correlations · EVR correlations
