BX vs MC: Correlation
How closely do Blackstone Inc. (BX) and Moelis & Company (MC) trade together? Their weekly returns over three years give a correlation of 0.64, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BX and MC?
Across a 3-year window, the weekly returns of BX and MC correlate at 0.64, strong. Little has changed lately, as the 1-year reading of 0.56 lands near the 3-year figure. Stretching to 5 years gives 0.65, with an annualized covariance of 764.6 %².
Within BX's tracked universe of 35 assets, MC comes in at #15 by 3-year correlation. The trailing year gives MC the advantage: -12.9% versus -1.5%, a 11.4-point spread.
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 MC: side by side
| BX (Blackstone Inc.) | MC (Moelis & Company) | |
|---|---|---|
| 1-year return | -12.9% | -1.5% |
| 5-year return | +37.5% | +42.5% |
| Volatility (ann.) | 34.0% | 35.1% |
| Beta vs S&P 500 | 1.36 | 1.41 |
| Max drawdown (3Y) | -46.5% | -39.3% |
| Market cap | $171.7B | $5.1B |
| P/E (trailing) | 32.1 | 23.4 |
| Dividend yield | 3.65% | 3.87% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | BX | MC |
|---|---|---|
| 2022 | -40.0% | -35.2% |
| 2023 | +82.7% | +54.9% |
| 2024 | +35.1% | +37.1% |
| 2025 | -7.8% | -3.1% |
| 2026 | -3.9% | +2.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BX and MC 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 MC?
As of 2026-08-27, the correlation of weekly returns between BX and MC is 0.64 over 3 years, 0.56 over 1 year and 0.65 over 5 years.
Is MC 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-mc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bx-vs-mc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BX correlations · MC correlations
