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ARLO vs REZI: Correlation

Arlo Technologies, Inc. (ARLO) and Resideo Technologies, Inc. (REZI) show a moderate relationship: their 3-year correlation of weekly returns is 0.51.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.51
moderate
Correlation (1Y)
0.60
last 12 months
Correlation (5Y)
0.37
long-run
Ann. covariance
1530.8
%² · weekly, annualized

How correlated are ARLO and REZI?

Across a 3-year window, the weekly returns of ARLO and REZI correlate at 0.51, moderate. The relationship has been stable: the 1-year correlation (0.60) sits close to the 3-year figure. Stretching to 5 years gives 0.37, with an annualized covariance of 1530.8 %².

Few assets follow ARLO as closely as REZI, which ranks #1 of 13 tracked partners. The trailing year gives REZI the advantage: -25.7% versus -17.3%, a 8.4-point spread.

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.

ARLO vs REZI: side by side

ARLO (Arlo Technologies, Inc.)REZI (Resideo Technologies, Inc.)
1-year return-25.7%-17.3%
5-year return+113.6%-11.7%
Volatility (ann.)61.4%48.9%
Beta vs S&P 5001.841.58
Max drawdown (3Y)-50.8%-47.1%
Market cap$1.4B$3.0B
P/E (trailing)46.77.8
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: REZI 7.8 vs 46.7Smaller drawdown: REZI -47.1% vs -50.8%Higher 5y return: ARLO +113.6% vs -11.7%
-37%0%+24%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. ARLO · REZI

Year-by-year returns

YearARLOREZI
2022-66.5%-36.8%
2023+171.2%+14.4%
2024+17.5%+22.5%
2025+25.0%+52.4%
2026-6.6%-18.2%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ARLO and REZI good diversifiers for each other?

To a limited degree. At 0.51 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 ARLO and REZI?

The ARLO/REZI correlation stands at 0.51 on a 3-year window (1 year: 0.60, 5 years: 0.37), computed from weekly returns as of 2026-08-27.

Is REZI a good diversifier for ARLO?

To a limited degree. At 0.51 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 0.51 mean?

Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/arlo-vs-rezi.json

ARLO vs REZI: 3-year weekly correlation 0.51ARLO vs REZI0.51

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Related comparisons

Hubs: ARLO correlations · REZI correlations