BX vs TROW: Correlation
Measured on weekly returns over the past three years, Blackstone Inc. (BX) and T. Rowe Price (TROW) carry a correlation of 0.62, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BX and TROW?
On 3 years of weekly data the BX/TROW correlation comes out at 0.62, strong. The past 12 months show a weaker link (0.48) than the 3-year average (0.62). The 5-year figure is 0.67, and annualized covariance runs at 493.9 %².
Among the 35 assets we track against BX, TROW ranks #19 by 3-year correlation. The last year tells two different stories: TROW led by 21.0 percentage points, -12.9% for BX against +8.1% for TROW. On a rolling one-year basis the correlation drifted between 0.51 and 0.76, a moderate band.
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 TROW: side by side
| BX (Blackstone Inc.) | TROW (T. Rowe Price) | |
|---|---|---|
| 1-year return | -12.9% | +8.1% |
| 5-year return | +37.5% | -37.0% |
| Volatility (ann.) | 34.0% | 23.5% |
| Beta vs S&P 500 | 1.36 | 1.10 |
| Max drawdown (3Y) | -46.5% | -34.0% |
| Market cap | $171.7B | $24.0B |
| P/E (trailing) | 32.1 | 11.3 |
| Dividend yield | 3.65% | 4.57% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | BX | TROW |
|---|---|---|
| 2022 | -40.0% | -42.2% |
| 2023 | +82.7% | +3.4% |
| 2024 | +35.1% | +9.7% |
| 2025 | -7.8% | -4.7% |
| 2026 | -3.9% | +12.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BX and TROW good diversifiers for each other?
Only partially. A correlation of 0.62 means BX and TROW share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between BX and TROW?
The BX/TROW correlation stands at 0.62 on a 3-year window (1 year: 0.48, 5 years: 0.67), computed from weekly returns as of 2026-08-27.
Is TROW a good diversifier for BX?
Only partially. A correlation of 0.62 means BX and TROW share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
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/bx-vs-trow.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bx-vs-trow/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BX correlations · TROW correlations
