CASY vs SCI: Correlation
How closely do Casey's (CASY) and Service Corporation International (SCI) trade together? Their weekly returns over three years give a correlation of 0.33, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CASY and SCI?
On 3 years of weekly data the CASY/SCI correlation comes out at 0.33, moderate. The past 12 months show a tighter link (0.46) than the 3-year average (0.33). The 5-year figure is 0.29, and annualized covariance runs at 227.8 %².
Within CASY's tracked universe of 30 assets, SCI comes in at #9 by 3-year correlation. The last year tells two different stories: CASY led by 47.2 percentage points, +53.7% for CASY against +6.5% for SCI.
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.
CASY vs SCI: side by side
| CASY (Casey's) | SCI (Service Corporation International) | |
|---|---|---|
| 1-year return | +53.7% | +6.5% |
| 5-year return | +284.3% | +44.7% |
| Volatility (ann.) | 28.9% | 23.6% |
| Beta vs S&P 500 | 0.39 | 0.47 |
| Max drawdown (3Y) | -16.6% | -21.6% |
| Market cap | $28.2B | $11.4B |
| P/E (trailing) | 42.2 | 21.8 |
| Dividend yield | 0.28% | 1.59% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | CASY | SCI |
|---|---|---|
| 2022 | +14.5% | -1.0% |
| 2023 | +23.3% | +0.7% |
| 2024 | +45.0% | +18.4% |
| 2025 | +40.1% | -0.7% |
| 2026 | +38.4% | +8.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CASY and SCI good diversifiers for each other?
Reasonably. At 0.33, CASY and SCI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CASY and SCI?
As of 2026-08-27, the correlation of weekly returns between CASY and SCI is 0.33 over 3 years, 0.46 over 1 year and 0.29 over 5 years.
Is SCI a good diversifier for CASY?
Reasonably. At 0.33, CASY and SCI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.33 mean?
On the −1 to +1 scale, 0.33 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/casy-vs-sci.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/casy-vs-sci/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CASY correlations · SCI correlations
