CME vs MAS: Correlation
Measured on weekly returns over the past three years, CME Group (CME) and Masco (MAS) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CME and MAS?
On 3 years of weekly data the CME/MAS correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.28) sits close to the 3-year figure. The 5-year figure is 0.02, and annualized covariance runs at -125.9 %².
By 3-year correlation, MAS places #29 of the 47 assets tracked against CME. On 12-month performance CME holds a 8.6-point edge, +8.1% against -0.5%. This link changes with the market regime, having swung between -0.29 and 0.32 on a rolling one-year basis.
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.
CME vs MAS: side by side
| CME (CME Group) | MAS (Masco) | |
|---|---|---|
| 1-year return | +8.1% | -0.5% |
| 5-year return | +73.9% | +29.1% |
| Volatility (ann.) | 20.0% | 29.6% |
| Beta vs S&P 500 | 0.12 | 0.95 |
| Max drawdown (3Y) | -31.1% | -30.9% |
| Market cap | $101.0B | $14.4B |
| P/E (trailing) | 23.8 | 17.0 |
| Dividend yield | 1.82% | 1.71% |
| Sector / category | Financials | Industrials |
Year-by-year returns
| Year | CME | MAS |
|---|---|---|
| 2022 | -22.9% | -32.1% |
| 2023 | +31.3% | +46.6% |
| 2024 | +15.4% | +10.0% |
| 2025 | +19.8% | -10.9% |
| 2026 | +5.9% | +16.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CME and MAS good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between CME and MAS?
As of 2026-08-27, the correlation of weekly returns between CME and MAS is -0.21 over 3 years, -0.28 over 1 year and 0.02 over 5 years.
Is MAS a good diversifier for CME?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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/cme-vs-mas.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cme-vs-mas/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CME correlations · MAS correlations
