BXC vs KRO: Correlation
Bluelinx Holdings Inc. (BXC) and Kronos Worldwide Inc (KRO) 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 BXC and KRO?
On 3 years of weekly data the BXC/KRO correlation comes out at 0.62, strong. Lately the two have moved closer together, with the 1-year correlation at 0.75 versus 0.62 over 3 years. The 5-year figure is 0.50, and annualized covariance runs at 2146.5 %².
Within BXC's tracked universe of 33 assets, KRO comes in at #10 by 3-year correlation. The last year tells two different stories: KRO led by 48.2 percentage points, -2.6% for BXC against +45.6% for KRO.
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.
BXC vs KRO: side by side
| BXC (Bluelinx Holdings Inc.) | KRO (Kronos Worldwide Inc) | |
|---|---|---|
| 1-year return | -2.6% | +45.6% |
| 5-year return | +33.6% | -15.4% |
| Volatility (ann.) | 62.7% | 55.0% |
| Beta vs S&P 500 | 1.54 | 1.47 |
| Max drawdown (3Y) | -65.6% | -68.7% |
| Market cap | $0.6B | $1.0B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 2.28% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BXC | KRO |
|---|---|---|
| 2022 | -25.7% | -33.7% |
| 2023 | +59.3% | +14.9% |
| 2024 | -9.8% | +2.5% |
| 2025 | -39.9% | -53.1% |
| 2026 | +29.8% | +101.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BXC and KRO good diversifiers for each other?
Only partially. A correlation of 0.62 means BXC and KRO 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 BXC and KRO?
The BXC/KRO correlation stands at 0.62 on a 3-year window (1 year: 0.75, 5 years: 0.50), computed from weekly returns as of 2026-08-27.
Is KRO a good diversifier for BXC?
Only partially. A correlation of 0.62 means BXC and KRO 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?
On the −1 to +1 scale, 0.62 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bxc-vs-kro.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bxc-vs-kro/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BXC correlations · KRO correlations
