CCL vs WTFC: Correlation
Carnival Corporation (CCL) and Wintrust Financial Corporation (WTFC) show a strong relationship: their 3-year correlation of weekly returns is 0.63.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CCL and WTFC?
Over the past 3 years, CCL and WTFC moved with a correlation of 0.63, which is strong. Little has changed lately, as the 1-year reading of 0.55 lands near the 3-year figure. Over 5 years the correlation is 0.57, and the annualized covariance of weekly returns is 803.7 %².
Within CCL's tracked universe of 40 assets, WTFC comes in at #10 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months WTFC outperformed by 34.3 percentage points (-21.6% for CCL against +12.7% for WTFC). Risk is not evenly split, since CCL carries 1.7 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.
CCL vs WTFC: side by side
| CCL (Carnival Corporation) | WTFC (Wintrust Financial Corporation) | |
|---|---|---|
| 1-year return | -21.6% | +12.7% |
| 5-year return | +7.3% | +127.7% |
| Volatility (ann.) | 46.5% | 27.6% |
| Beta vs S&P 500 | 1.72 | 1.06 |
| Max drawdown (3Y) | -42.3% | -31.0% |
| Market cap | $34.2B | $10.3B |
| P/E (trailing) | 11.5 | 12.3 |
| Dividend yield | 1.17% | 1.37% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | CCL | WTFC |
|---|---|---|
| 2022 | -59.9% | -5.5% |
| 2023 | +130.0% | +12.0% |
| 2024 | +34.4% | +36.8% |
| 2025 | +22.6% | +13.9% |
| 2026 | -17.0% | +10.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CCL and WTFC good diversifiers for each other?
Somewhat, no more. With 0.63 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CCL and WTFC?
Using weekly returns as of 2026-08-27: 0.63 over 3 years, with 0.55 over the last year and 0.57 over 5 years.
Is WTFC a good diversifier for CCL?
Somewhat, no more. With 0.63 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.63 mean?
On the −1 to +1 scale, 0.63 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/ccl-vs-wtfc.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ccl-vs-wtfc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CCL correlations · WTFC correlations
