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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

Correlation (3Y)
-0.21
negative
Correlation (1Y)
-0.44
last 12 months
Correlation (5Y)
-0.14
long-run
Ann. covariance
-312.6
%² · weekly, annualized

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 5000.610.27
Max drawdown (3Y)-27.6%-49.1%
Market cap$15.5B$0.1B
P/E (trailing)41.845.7
Dividend yield0.81%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: ARMK 41.8 vs 45.7Higher yield: ARMK 0.81% vs 0.00%Smaller drawdown: ARMK -27.6% vs -49.1%Higher 5y return: ARMK +152.4% vs +0.4%
-25%0%+62%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). ARMK · WFCF

Year-by-year returns

YearARMKWFCF
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

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

ARMK vs WFCF: 3-year weekly correlation -0.21ARMK vs WFCF-0.21

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Related comparisons

Hubs: ARMK correlations · WFCF correlations