CNS vs WLY: Correlation
Measured on weekly returns over the past three years, Cohen & Steers Inc (CNS) and John Wiley & Sons, Inc. (WLY) carry a correlation of 0.37, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CNS and WLY?
Over the past 3 years, CNS and WLY moved with a correlation of 0.37, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.21 versus 0.37 over 3 years. Over 5 years the correlation is 0.48, and the annualized covariance of weekly returns is 379.4 %².
Out of 13 assets tracked against CNS, WLY lands near the bottom at #9. Their recent paths diverged sharply: over the last 12 months WLY outperformed by 24.5 percentage points (+13.7% for CNS against +38.2% for WLY).
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.
CNS vs WLY: side by side
| CNS (Cohen & Steers Inc) | WLY (John Wiley & Sons, Inc.) | |
|---|---|---|
| 1-year return | +13.7% | +38.2% |
| 5-year return | +11.8% | +10.0% |
| Volatility (ann.) | 30.4% | 33.8% |
| Beta vs S&P 500 | 0.83 | 0.50 |
| Max drawdown (3Y) | -42.6% | -43.3% |
| Market cap | $4.2B | $2.7B |
| P/E (trailing) | 25.7 | 13.0 |
| Dividend yield | 3.10% | 2.67% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CNS | WLY |
|---|---|---|
| 2022 | -28.0% | -27.8% |
| 2023 | +21.8% | -17.5% |
| 2024 | +25.5% | +42.2% |
| 2025 | -29.8% | -27.2% |
| 2026 | +35.3% | +79.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CNS and WLY good diversifiers for each other?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CNS and WLY?
As of 2026-08-27, the correlation of weekly returns between CNS and WLY is 0.37 over 3 years, 0.21 over 1 year and 0.48 over 5 years.
Is WLY a good diversifier for CNS?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.37 mean?
On the −1 to +1 scale, 0.37 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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Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: CNS correlations · WLY correlations
