CWH vs GCO: Correlation
How closely do Camping World Holdings, Inc. (CWH) and Genesco Inc. (GCO) trade together? Their weekly returns over three years give a correlation of 0.59, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CWH and GCO?
On 3 years of weekly data the CWH/GCO correlation comes out at 0.59, moderate. The relationship has been stable: the 1-year correlation (0.58) sits close to the 3-year figure. The 5-year figure is 0.49, and annualized covariance runs at 2275.3 %².
Within CWH's tracked universe of 28 assets, GCO comes in at #7 by 3-year correlation. Correlation aside, the last 12 months split them widely, with GCO ahead by 63.0 points (-63.0% versus -0.0%).
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.
CWH vs GCO: side by side
| CWH (Camping World Holdings, Inc.) | GCO (Genesco Inc.) | |
|---|---|---|
| 1-year return | -63.0% | -0.0% |
| 5-year return | -79.9% | -47.8% |
| Volatility (ann.) | 60.7% | 63.6% |
| Beta vs S&P 500 | 2.02 | 1.80 |
| Max drawdown (3Y) | -79.1% | -60.9% |
| Market cap | $0.4B | $0.4B |
| P/E (trailing) | – | 18.7 |
| Dividend yield | 3.84% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CWH | GCO |
|---|---|---|
| 2022 | -39.6% | -28.3% |
| 2023 | +25.1% | -23.5% |
| 2024 | -17.9% | +21.4% |
| 2025 | -52.2% | -42.1% |
| 2026 | -33.9% | +33.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CWH and GCO good diversifiers for each other?
To a limited degree. At 0.59 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between CWH and GCO?
As of 2026-08-27, the correlation of weekly returns between CWH and GCO is 0.59 over 3 years, 0.58 over 1 year and 0.49 over 5 years.
Is GCO a good diversifier for CWH?
To a limited degree. At 0.59 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.59 mean?
A reading of 0.59 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/cwh-vs-gco.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cwh-vs-gco/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CWH correlations · GCO correlations
