CHRW vs W: Correlation
C.H. Robinson (CHRW) and Wayfair Inc. (W) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHRW and W?
On 3 years of weekly data the CHRW/W correlation comes out at 0.40, moderate. Recent behaviour matches the longer record: 0.40 over 1 year against 0.40 over 3. The 5-year figure is 0.33, and annualized covariance runs at 955.5 %².
Among the 31 assets we track against CHRW, W ranks #7 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months W outperformed by 21.1 percentage points (+19.9% for CHRW against +41.0% for W). One caveat on sizing: W is 1.9 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.
CHRW vs W: side by side
| CHRW (C.H. Robinson) | W (Wayfair Inc.) | |
|---|---|---|
| 1-year return | +19.9% | +41.0% |
| 5-year return | +86.8% | -64.0% |
| Volatility (ann.) | 35.7% | 67.1% |
| Beta vs S&P 500 | 0.69 | 2.50 |
| Max drawdown (3Y) | -32.4% | -67.7% |
| Market cap | $17.7B | $14.4B |
| P/E (trailing) | 29.0 | – |
| Dividend yield | 1.65% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | CHRW | W |
|---|---|---|
| 2022 | -13.1% | -82.7% |
| 2023 | -3.1% | +87.6% |
| 2024 | +22.9% | -28.2% |
| 2025 | +59.0% | +126.6% |
| 2026 | -5.3% | +4.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHRW and W good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CHRW and W?
As of 2026-08-27, the correlation of weekly returns between CHRW and W is 0.40 over 3 years, 0.40 over 1 year and 0.33 over 5 years.
Is W a good diversifier for CHRW?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.40 mean?
On the −1 to +1 scale, 0.40 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.
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Related comparisons
Hubs: CHRW correlations · W correlations
