BXC vs MNST: Correlation
Bluelinx Holdings Inc. (BXC) and Monster Beverage (MNST) show a moderate relationship: their 3-year correlation of weekly returns is 0.54.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BXC and MNST?
On 3 years of weekly data the BXC/MNST correlation comes out at 0.54, moderate. The past 12 months show a tighter link (0.67) than the 3-year average (0.54). The 5-year figure is 0.44, and annualized covariance runs at 2305.0 %².
Among the 33 assets we track against BXC, MNST ranks #16 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months BXC outperformed by 21.7 percentage points (-2.6% for BXC against -24.3% for MNST).
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 MNST: side by side
| BXC (Bluelinx Holdings Inc.) | MNST (Monster Beverage) | |
|---|---|---|
| 1-year return | -2.6% | -24.3% |
| 5-year return | +33.6% | -4.5% |
| Volatility (ann.) | 62.7% | 68.6% |
| Beta vs S&P 500 | 1.54 | 0.80 |
| Max drawdown (3Y) | -65.6% | -54.5% |
| Market cap | $0.6B | $91.5B |
| P/E (trailing) | – | 43.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | BXC | MNST |
|---|---|---|
| 2022 | -25.7% | +5.7% |
| 2023 | +59.3% | +13.5% |
| 2024 | -9.8% | -8.8% |
| 2025 | -39.9% | +45.9% |
| 2026 | +29.8% | -39.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BXC and MNST good diversifiers for each other?
To a limited degree. At 0.54 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 BXC and MNST?
Using weekly returns as of 2026-08-27: 0.54 over 3 years, with 0.67 over the last year and 0.44 over 5 years.
Is MNST a good diversifier for BXC?
To a limited degree. At 0.54 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 0.54 mean?
On the −1 to +1 scale, 0.54 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-mnst.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bxc-vs-mnst/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BXC correlations · MNST correlations
