BXP vs MLEC: Correlation
How closely do BXP, Inc. (BXP) and Moolec Science SA (MLEC) trade together? Their weekly returns over three years give a correlation of -0.13, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BXP and MLEC?
Over the past 3 years, BXP and MLEC moved with a correlation of -0.13, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.04 over 1 year against -0.13 over 3. Over 5 years the correlation is -0.12, and the annualized covariance of weekly returns is -453.6 %².
By 3-year correlation, MLEC places #38 of the 45 assets tracked against BXP. Their recent paths diverged sharply: over the last 12 months BXP outperformed by 67.2 percentage points (+2.9% for BXP against -64.3% for MLEC). Risk is not evenly split, since MLEC carries 3.2 times the volatility of the other side.
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.
BXP vs MLEC: side by side
| BXP (BXP, Inc.) | MLEC (Moolec Science SA) | |
|---|---|---|
| 1-year return | +2.9% | -64.3% |
| 5-year return | -18.9% | -99.5% |
| Volatility (ann.) | 33.1% | 104.4% |
| Beta vs S&P 500 | 1.02 | -0.21 |
| Max drawdown (3Y) | -39.0% | -99.3% |
| Market cap | $12.7B | – |
| P/E (trailing) | 37.8 | – |
| Dividend yield | 3.98% | 0.00% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | BXP | MLEC |
|---|---|---|
| 2022 | -38.6% | +22.7% |
| 2023 | +11.0% | -79.7% |
| 2024 | +12.3% | -67.5% |
| 2025 | -4.7% | -96.8% |
| 2026 | +6.2% | +78.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BXP and MLEC good diversifiers for each other?
Yes: at -0.13, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BXP and MLEC?
Using weekly returns as of 2026-08-27: -0.13 over 3 years, with -0.04 over the last year and -0.12 over 5 years.
Is MLEC a good diversifier for BXP?
Yes: at -0.13, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.13 mean?
A reading of -0.13 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/bxp-vs-mlec.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bxp-vs-mlec/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BXP correlations · MLEC correlations
