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CLMB vs DORM: Correlation

How closely do Climb Global Solutions, Inc. (CLMB) and Dorman Products, Inc. (DORM) trade together? Their weekly returns over three years give a correlation of 0.48, which is moderate.

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

Correlation (3Y)
0.48
moderate
Correlation (1Y)
0.55
last 12 months
Correlation (5Y)
0.35
long-run
Ann. covariance
684.1
%² · weekly, annualized

How correlated are CLMB and DORM?

On 3 years of weekly data the CLMB/DORM correlation comes out at 0.48, moderate. Recent behaviour matches the longer record: 0.55 over 1 year against 0.48 over 3. The 5-year figure is 0.35, and annualized covariance runs at 684.1 %².

In CLMB's tracked universe of 10 assets, DORM sits right near the top at #2. Over the last 12 months CLMB came out ahead by 14.9 percentage points (-6.7% against -21.6%).

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.

CLMB vs DORM: side by side

CLMB (Climb Global Solutions, Inc.)DORM (Dorman Products, Inc.)
1-year return-6.7%-21.6%
5-year return+361.0%+34.2%
Volatility (ann.)45.3%31.5%
Beta vs S&P 5001.040.78
Max drawdown (3Y)-53.4%-39.6%
Market cap$0.5B$3.8B
P/E (trailing)25.017.9
Dividend yield0.33%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: DORM 17.9 vs 25.0Higher yield: CLMB 0.33% vs 0.00%Smaller drawdown: DORM -39.6% vs -53.4%Higher 5y return: CLMB +361.0% vs +34.2%
-41%0%+9%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). CLMB · DORM

Year-by-year returns

YearCLMBDORM
2022-8.3%-28.4%
2023+76.6%+3.1%
2024+133.3%+55.3%
2025-18.4%-4.9%
2026+13.0%+4.1%

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

Are CLMB and DORM good diversifiers for each other?

Reasonably. At 0.48, CLMB and DORM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between CLMB and DORM?

The CLMB/DORM correlation stands at 0.48 on a 3-year window (1 year: 0.55, 5 years: 0.35), computed from weekly returns as of 2026-08-27.

Is DORM a good diversifier for CLMB?

Reasonably. At 0.48, CLMB and DORM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.48 mean?

On the −1 to +1 scale, 0.48 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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CLMB vs DORM: 3-year weekly correlation 0.48CLMB vs DORM0.48

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Related comparisons

Hubs: CLMB correlations · DORM correlations