CRH vs EXP: Correlation
How closely do CRH plc (CRH) and Eagle Materials Inc (EXP) trade together? Their weekly returns over three years give a correlation of 0.67, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRH and EXP?
Across a 3-year window, the weekly returns of CRH and EXP correlate at 0.67, strong. The relationship has been stable: the 1-year correlation (0.68) sits close to the 3-year figure. Stretching to 5 years gives 0.66, with an annualized covariance of 694.6 %².
Within CRH's tracked universe of 40 assets, EXP comes in at #4 by 3-year correlation. Neither side won the trailing year by much: -14.6% against -15.7%.
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.
CRH vs EXP: side by side
| CRH (CRH plc) | EXP (Eagle Materials Inc) | |
|---|---|---|
| 1-year return | -14.6% | -15.7% |
| 5-year return | +104.1% | +29.5% |
| Volatility (ann.) | 29.7% | 34.8% |
| Beta vs S&P 500 | 1.26 | 1.21 |
| Max drawdown (3Y) | -28.4% | -44.7% |
| Market cap | $63.6B | $6.1B |
| P/E (trailing) | 17.2 | 15.6 |
| Dividend yield | 1.57% | 0.50% |
| Sector / category | Materials | US Listed |
Year-by-year returns
| Year | CRH | EXP |
|---|---|---|
| 2022 | -20.5% | -19.6% |
| 2023 | +81.3% | +53.6% |
| 2024 | +35.9% | +22.1% |
| 2025 | +35.9% | -15.9% |
| 2026 | -22.6% | -4.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRH and EXP good diversifiers for each other?
Somewhat, no more. With 0.67 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CRH and EXP?
As of 2026-08-27, the correlation of weekly returns between CRH and EXP is 0.67 over 3 years, 0.68 over 1 year and 0.66 over 5 years.
Is EXP a good diversifier for CRH?
Somewhat, no more. With 0.67 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.67 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/crh-vs-exp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/crh-vs-exp/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CRH correlations · EXP correlations
