DSGR vs WS: Correlation
Distribution Solutions Group, Inc. (DSGR) and Worthington Steel, Inc. (WS) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DSGR and WS?
Over the past 3 years, DSGR and WS moved with a correlation of 0.44, which is moderate. Little has changed lately, as the 1-year reading of 0.37 lands near the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 982.4 %².
In DSGR's tracked universe of 15 assets, WS sits right near the top at #1. Twelve-month performance is nearly a tie, at +6.3% for DSGR and +4.8% for WS.
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.
DSGR vs WS: side by side
| DSGR (Distribution Solutions Group, Inc.) | WS (Worthington Steel, Inc.) | |
|---|---|---|
| 1-year return | +6.3% | +4.8% |
| 5-year return | +32.4% | n/a |
| Volatility (ann.) | 45.6% | 51.2% |
| Beta vs S&P 500 | 0.72 | 1.67 |
| Max drawdown (3Y) | -52.7% | -51.0% |
| Market cap | $1.6B | $1.7B |
| P/E (trailing) | 183.3 | 201.9 |
| Dividend yield | 0.00% | 1.89% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DSGR | WS |
|---|---|---|
| 2022 | -32.7% | – |
| 2023 | +71.2% | – |
| 2024 | +9.0% | +15.4% |
| 2025 | -20.4% | +11.2% |
| 2026 | +27.2% | -0.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DSGR and WS good diversifiers for each other?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DSGR and WS?
The DSGR/WS correlation stands at 0.44 on a 3-year window (1 year: 0.37, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is WS a good diversifier for DSGR?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
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
$ curl https://www.pairbook.io/api/v1/pairs/dsgr-vs-ws.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dsgr-vs-ws/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DSGR correlations · WS correlations
