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DORM vs WGO: Correlation

Measured on weekly returns over the past three years, Dorman Products, Inc. (DORM) and Winnebago Industries, Inc. (WGO) carry a correlation of 0.56, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.56
moderate
Correlation (1Y)
0.63
last 12 months
Correlation (5Y)
0.51
long-run
Ann. covariance
766.9
%² · weekly, annualized

How correlated are DORM and WGO?

Across a 3-year window, the weekly returns of DORM and WGO correlate at 0.56, moderate. Recent behaviour matches the longer record: 0.63 over 1 year against 0.56 over 3. Stretching to 5 years gives 0.51, with an annualized covariance of 766.9 %².

Within DORM's tracked universe of 14 assets, WGO comes in at #5 by 3-year correlation. The trailing year gives WGO the advantage: -21.6% versus -13.3%, a 8.3-point spread.

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.

DORM vs WGO: side by side

DORM (Dorman Products, Inc.)WGO (Winnebago Industries, Inc.)
1-year return-21.6%-13.3%
5-year return+34.2%-52.5%
Volatility (ann.)31.5%43.3%
Beta vs S&P 5000.781.09
Max drawdown (3Y)-39.6%-60.5%
Market cap$3.8B$0.9B
P/E (trailing)17.922.3
Dividend yield0.00%4.51%
Sector / categoryUS ListedUS Listed
Lower P/E: DORM 17.9 vs 22.3Higher yield: WGO 4.51% vs 0.00%Smaller drawdown: DORM -39.6% vs -60.5%Higher 5y return: DORM +34.2% vs -52.5%
-38%0%+35%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). DORM · WGO

Year-by-year returns

YearDORMWGO
2022-28.4%-28.7%
2023+3.1%+40.9%
2024+55.3%-33.1%
2025-4.9%-11.9%
2026+4.1%-22.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are DORM and WGO good diversifiers for each other?

Only partially. A correlation of 0.56 means DORM and WGO 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 DORM and WGO?

As of 2026-08-27, the correlation of weekly returns between DORM and WGO is 0.56 over 3 years, 0.63 over 1 year and 0.51 over 5 years.

Is WGO a good diversifier for DORM?

Only partially. A correlation of 0.56 means DORM and WGO share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

What does a correlation of 0.56 mean?

A reading of 0.56 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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DORM vs WGO: 3-year weekly correlation 0.56DORM vs WGO0.56

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Related comparisons

Hubs: DORM correlations · WGO correlations