CHTR vs WASH: Correlation
Charter Communications (CHTR) and Washington Trust Bancorp, Inc. (WASH) show a moderate relationship: their 3-year correlation of weekly returns is 0.51.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHTR and WASH?
On 3 years of weekly data the CHTR/WASH correlation comes out at 0.51, moderate. Recent behaviour matches the longer record: 0.50 over 1 year against 0.51 over 3. The 5-year figure is 0.38, and annualized covariance runs at 734.5 %².
WASH is one of the assets that tracks CHTR most closely: it ranks #2 out of the 35 assets we track against CHTR. Correlation aside, the last 12 months split them widely, with WASH ahead by 85.0 points (-44.9% versus +40.1%).
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.
CHTR vs WASH: side by side
| CHTR (Charter Communications) | WASH (Washington Trust Bancorp, Inc.) | |
|---|---|---|
| 1-year return | -44.9% | +40.1% |
| 5-year return | -81.8% | +4.8% |
| Volatility (ann.) | 41.3% | 34.9% |
| Beta vs S&P 500 | 0.74 | 1.04 |
| Max drawdown (3Y) | -72.9% | -32.3% |
| Market cap | $20.0B | $0.8B |
| P/E (trailing) | 4.0 | 13.7 |
| Dividend yield | 0.00% | 5.64% |
| Sector / category | Communication Services | US Listed |
Year-by-year returns
| Year | CHTR | WASH |
|---|---|---|
| 2022 | -48.0% | -12.5% |
| 2023 | +14.6% | -26.1% |
| 2024 | -11.8% | +2.7% |
| 2025 | -39.1% | +1.7% |
| 2026 | -28.9% | +41.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHTR and WASH good diversifiers for each other?
To a limited degree. At 0.51 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between CHTR and WASH?
The CHTR/WASH correlation stands at 0.51 on a 3-year window (1 year: 0.50, 5 years: 0.38), computed from weekly returns as of 2026-08-27.
Is WASH a good diversifier for CHTR?
To a limited degree. At 0.51 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.51 mean?
On the −1 to +1 scale, 0.51 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/chtr-vs-wash.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/chtr-vs-wash/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CHTR correlations · WASH correlations
