AOS vs WSM: Correlation
A. O. Smith (AOS) and Williams-Sonoma, Inc. (WSM) 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 AOS and WSM?
Across a 3-year window, the weekly returns of AOS and WSM correlate at 0.54, moderate. The link has tightened recently: the 1-year correlation (0.65) runs above the 3-year figure (0.54). Stretching to 5 years gives 0.51, with an annualized covariance of 539.9 %².
Among the 33 assets we track against AOS, WSM ranks #18 by 3-year correlation. The last year tells two different stories: WSM led by 38.4 percentage points, -12.6% for AOS against +25.8% for WSM. The rolling one-year correlation moved between 0.41 and 0.73 over the past three years, a moderate range. One caveat on sizing: WSM is 1.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
AOS vs WSM: side by side
| AOS (A. O. Smith) | WSM (Williams-Sonoma, Inc.) | |
|---|---|---|
| 1-year return | -12.6% | +25.8% |
| 5-year return | -6.7% | +182.0% |
| Volatility (ann.) | 23.5% | 43.0% |
| Beta vs S&P 500 | 0.67 | 1.33 |
| Max drawdown (3Y) | -36.9% | -36.8% |
| Market cap | $8.4B | $28.1B |
| P/E (trailing) | 17.4 | 24.4 |
| Dividend yield | 2.27% | 0.56% |
| Sector / category | Industrials | Consumer Discretionary |
Year-by-year returns
| Year | AOS | WSM |
|---|---|---|
| 2022 | -32.1% | -30.5% |
| 2023 | +46.7% | +80.2% |
| 2024 | -15.9% | +86.6% |
| 2025 | +0.1% | -2.1% |
| 2026 | -5.8% | +34.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AOS and WSM good diversifiers for each other?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between AOS and WSM?
Using weekly returns as of 2026-08-27: 0.54 over 3 years, with 0.65 over the last year and 0.51 over 5 years.
Is WSM a good diversifier for AOS?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.54 mean?
A reading of 0.54 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/aos-vs-wsm.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aos-vs-wsm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AOS correlations · WSM correlations
