ARMK vs WFCF: Correlation
How closely do Aramark (ARMK) and Where Food Comes From, Inc. (WFCF) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARMK and WFCF?
Over the past 3 years, ARMK and WFCF moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.44 versus -0.21 over 3 years. Over 5 years the correlation is -0.14, and the annualized covariance of weekly returns is -312.6 %².
Out of 12 assets tracked against ARMK, WFCF lands near the bottom at #10. The last year tells two different stories: ARMK led by 40.2 percentage points, +50.6% for ARMK against +10.4% for WFCF. One caveat on sizing: WFCF is 2.2 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.
ARMK vs WFCF: side by side
| ARMK (Aramark) | WFCF (Where Food Comes From, Inc.) | |
|---|---|---|
| 1-year return | +50.6% | +10.4% |
| 5-year return | +152.4% | +0.4% |
| Volatility (ann.) | 25.7% | 57.1% |
| Beta vs S&P 500 | 0.61 | 0.27 |
| Max drawdown (3Y) | -27.6% | -49.1% |
| Market cap | $15.5B | $0.1B |
| P/E (trailing) | 41.8 | 45.7 |
| Dividend yield | 0.81% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ARMK | WFCF |
|---|---|---|
| 2022 | +13.5% | -3.7% |
| 2023 | -4.7% | -3.0% |
| 2024 | +34.3% | -2.3% |
| 2025 | -0.1% | -13.2% |
| 2026 | +60.9% | +15.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARMK and WFCF good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between ARMK and WFCF?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.44 over the last year and -0.14 over 5 years.
Is WFCF a good diversifier for ARMK?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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/armk-vs-wfcf.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/armk-vs-wfcf/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ARMK correlations · WFCF correlations