ATKR vs EMR: Correlation
Atkore Inc. (ATKR) and Emerson Electric (EMR) show a moderate relationship: their 3-year correlation of weekly returns is 0.53.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ATKR and EMR?
On 3 years of weekly data the ATKR/EMR correlation comes out at 0.53, moderate. The relationship has been stable: the 1-year correlation (0.48) sits close to the 3-year figure. The 5-year figure is 0.53, and annualized covariance runs at 690.6 %².
Among the 13 assets we track against ATKR, EMR ranks #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ATKR outperformed by 39.9 percentage points (+59.9% for ATKR against +20.0% for EMR). One caveat on sizing: ATKR is 1.6 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.
ATKR vs EMR: side by side
| ATKR (Atkore Inc.) | EMR (Emerson Electric) | |
|---|---|---|
| 1-year return | +59.9% | +20.0% |
| 5-year return | +5.7% | +65.4% |
| Volatility (ann.) | 46.4% | 28.3% |
| Beta vs S&P 500 | 1.37 | 1.29 |
| Max drawdown (3Y) | -72.8% | -29.6% |
| Market cap | $3.2B | $88.0B |
| P/E (trailing) | – | 34.5 |
| Dividend yield | 1.41% | 1.39% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | ATKR | EMR |
|---|---|---|
| 2022 | +2.0% | +5.7% |
| 2023 | +41.1% | +3.8% |
| 2024 | -47.3% | +29.7% |
| 2025 | -22.7% | +8.9% |
| 2026 | +50.0% | +20.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATKR and EMR good diversifiers for each other?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ATKR and EMR?
Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.48 over the last year and 0.53 over 5 years.
Is EMR a good diversifier for ATKR?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.53 mean?
On the −1 to +1 scale, 0.53 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/atkr-vs-emr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/atkr-vs-emr/)
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Related comparisons
Hubs: ATKR correlations · EMR correlations
