CVCO vs MAS: Correlation
Cavco Industries, Inc. (CVCO) and Masco (MAS) show a strong relationship: their 3-year correlation of weekly returns is 0.66.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CVCO and MAS?
Across a 3-year window, the weekly returns of CVCO and MAS correlate at 0.66, strong. Little has changed lately, as the 1-year reading of 0.65 lands near the 3-year figure. Stretching to 5 years gives 0.64, with an annualized covariance of 777.4 %².
Within CVCO's tracked universe of 13 assets, MAS comes in at #4 by 3-year correlation. Over the last 12 months CVCO came out ahead by 8.1 percentage points (+7.6% against -0.5%).
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.
CVCO vs MAS: side by side
| CVCO (Cavco Industries, Inc.) | MAS (Masco) | |
|---|---|---|
| 1-year return | +7.6% | -0.5% |
| 5-year return | +119.4% | +29.1% |
| Volatility (ann.) | 39.8% | 29.6% |
| Beta vs S&P 500 | 0.96 | 0.95 |
| Max drawdown (3Y) | -34.7% | -30.9% |
| Market cap | $4.4B | $14.4B |
| P/E (trailing) | 25.1 | 17.0 |
| Dividend yield | 0.00% | 1.71% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | CVCO | MAS |
|---|---|---|
| 2022 | -28.8% | -32.1% |
| 2023 | +53.2% | +46.6% |
| 2024 | +28.7% | +10.0% |
| 2025 | +32.4% | -10.9% |
| 2026 | -3.5% | +16.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CVCO and MAS good diversifiers for each other?
Only partially. A correlation of 0.66 means CVCO and MAS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between CVCO and MAS?
As of 2026-08-27, the correlation of weekly returns between CVCO and MAS is 0.66 over 3 years, 0.65 over 1 year and 0.64 over 5 years.
Is MAS a good diversifier for CVCO?
Only partially. A correlation of 0.66 means CVCO and MAS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.66 mean?
A reading of 0.66 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/cvco-vs-mas.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cvco-vs-mas/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CVCO correlations · MAS correlations
