CRWS vs SONO: Correlation
How closely do Crown Crafts, Inc. (CRWS) and Sonos, Inc. (SONO) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRWS and SONO?
Over the past 3 years, CRWS and SONO moved with a correlation of 0.44, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.26 versus 0.44 over 3 years. Over 5 years the correlation is 0.35, and the annualized covariance of weekly returns is 479.1 %².
By 3-year correlation, SONO places #4 of the 13 assets tracked against CRWS. Twelve-month performance is nearly a tie, at +5.3% for CRWS and +8.3% for SONO. One caveat on sizing: SONO is 1.9 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
CRWS vs SONO: side by side
| CRWS (Crown Crafts, Inc.) | SONO (Sonos, Inc.) | |
|---|---|---|
| 1-year return | +5.3% | +8.3% |
| 5-year return | -41.3% | -61.8% |
| Volatility (ann.) | 24.2% | 44.8% |
| Beta vs S&P 500 | 0.48 | 1.66 |
| Max drawdown (3Y) | -48.8% | -60.5% |
| Market cap | – | $1.8B |
| P/E (trailing) | 6.3 | 33.6 |
| Dividend yield | 10.88% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRWS | SONO |
|---|---|---|
| 2022 | -22.7% | -43.3% |
| 2023 | -1.2% | +1.4% |
| 2024 | -3.4% | -12.3% |
| 2025 | -31.7% | +16.8% |
| 2026 | +10.8% | -14.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRWS and SONO good diversifiers for each other?
Reasonably. At 0.44, CRWS and SONO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CRWS and SONO?
As of 2026-08-27, the correlation of weekly returns between CRWS and SONO is 0.44 over 3 years, 0.26 over 1 year and 0.35 over 5 years.
Is SONO a good diversifier for CRWS?
Reasonably. At 0.44, CRWS and SONO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.44 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
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The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CRWS correlations · SONO correlations
