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AVD vs TILE: Correlation

How closely do American Vanguard Corporation (AVD) and Interface, Inc. (TILE) trade together? Their weekly returns over three years give a correlation of 0.42, which is moderate.

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

Correlation (3Y)
0.42
moderate
Correlation (1Y)
0.47
last 12 months
Correlation (5Y)
0.37
long-run
Ann. covariance
1122.9
%² · weekly, annualized

How correlated are AVD and TILE?

On 3 years of weekly data the AVD/TILE correlation comes out at 0.42, moderate. Recent behaviour matches the longer record: 0.47 over 1 year against 0.42 over 3. The 5-year figure is 0.37, and annualized covariance runs at 1122.9 %².

Within AVD's tracked universe of 10 assets, TILE comes in at #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with TILE ahead by 99.9 points (-59.6% versus +40.3%). Risk is not evenly split, since AVD carries 1.6 times the volatility of the other side.

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.

AVD vs TILE: side by side

AVD (American Vanguard Corporation)TILE (Interface, Inc.)
1-year return-59.6%+40.3%
5-year return-85.5%+167.4%
Volatility (ann.)64.9%40.8%
Beta vs S&P 5001.210.93
Max drawdown (3Y)-85.7%-33.6%
Market cap$0.1B$2.2B
P/E (trailing)15.7
Dividend yield0.00%0.26%
Sector / categoryUS ListedUS Listed
Higher yield: TILE 0.26% vs 0.00%Smaller drawdown: TILE -33.6% vs -85.7%Higher 5y return: TILE +167.4% vs -85.5%
-63%0%+39%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). AVD · TILE

Year-by-year returns

YearAVDTILE
2022+33.1%-37.9%
2023-49.0%+28.5%
2024-57.5%+93.4%
2025-17.5%+14.9%
2026-42.9%+36.0%

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

Are AVD and TILE good diversifiers for each other?

Reasonably. At 0.42, AVD and TILE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between AVD and TILE?

As of 2026-08-27, the correlation of weekly returns between AVD and TILE is 0.42 over 3 years, 0.47 over 1 year and 0.37 over 5 years.

Is TILE a good diversifier for AVD?

Reasonably. At 0.42, AVD and TILE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.42 mean?

On the −1 to +1 scale, 0.42 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

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$ curl https://www.pairbook.io/api/v1/pairs/avd-vs-tile.json

AVD vs TILE: 3-year weekly correlation 0.42AVD vs TILE0.42

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Related comparisons

Hubs: AVD correlations · TILE correlations