CRCT vs SWIM: Correlation
Measured on weekly returns over the past three years, Cricut, Inc. (CRCT) and Latham Group, Inc. (SWIM) carry a correlation of 0.40, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRCT and SWIM?
Over the past 3 years, CRCT and SWIM moved with a correlation of 0.40, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.61 versus 0.40 over 3 years. Over 5 years the correlation is 0.19, and the annualized covariance of weekly returns is 1436.5 %².
Among the 10 assets we track against CRCT, SWIM ranks #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with CRCT ahead by 17.5 points (+2.4% versus -15.1%).
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.
CRCT vs SWIM: side by side
| CRCT (Cricut, Inc.) | SWIM (Latham Group, Inc.) | |
|---|---|---|
| 1-year return | +2.4% | -15.1% |
| 5-year return | -70.1% | -68.5% |
| Volatility (ann.) | 49.2% | 72.5% |
| Beta vs S&P 500 | 0.94 | 1.70 |
| Max drawdown (3Y) | -53.2% | -44.5% |
| Market cap | $1.2B | $0.8B |
| P/E (trailing) | 14.2 | 139.6 |
| Dividend yield | 3.44% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRCT | SWIM |
|---|---|---|
| 2022 | -58.0% | -87.1% |
| 2023 | -20.1% | -18.3% |
| 2024 | -4.9% | +164.6% |
| 2025 | +0.1% | -8.8% |
| 2026 | +19.8% | +9.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRCT and SWIM good diversifiers for each other?
Reasonably. At 0.40, CRCT and SWIM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CRCT and SWIM?
Using weekly returns as of 2026-08-27: 0.40 over 3 years, with 0.61 over the last year and 0.19 over 5 years.
Is SWIM a good diversifier for CRCT?
Reasonably. At 0.40, CRCT and SWIM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.40 mean?
A reading of 0.40 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/crct-vs-swim.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/crct-vs-swim/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CRCT correlations · SWIM correlations
