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EXP vs MAS: Correlation

Eagle Materials Inc (EXP) and Masco (MAS) show a strong relationship: their 3-year correlation of weekly returns is 0.72.

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

Correlation (3Y)
0.72
strong
Correlation (1Y)
0.77
last 12 months
Correlation (5Y)
0.68
long-run
Ann. covariance
737.7
%² · weekly, annualized

How correlated are EXP and MAS?

On 3 years of weekly data the EXP/MAS correlation comes out at 0.72, strong. The relationship has been stable: the 1-year correlation (0.77) sits close to the 3-year figure. The 5-year figure is 0.68, and annualized covariance runs at 737.7 %².

By 3-year correlation, MAS places #4 of the 24 assets tracked against EXP. Correlation aside, the last 12 months split them widely, with MAS ahead by 15.2 points (-15.7% versus -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.

EXP vs MAS: side by side

EXP (Eagle Materials Inc)MAS (Masco)
1-year return-15.7%-0.5%
5-year return+29.5%+29.1%
Volatility (ann.)34.8%29.6%
Beta vs S&P 5001.210.95
Max drawdown (3Y)-44.7%-30.9%
Market cap$6.1B$14.4B
P/E (trailing)15.617.0
Dividend yield0.50%1.71%
Sector / categoryUS ListedIndustrials
Lower P/E: EXP 15.6 vs 17.0Higher yield: MAS 1.71% vs 0.50%Smaller drawdown: MAS -30.9% vs -44.7%Higher 5y return: EXP +29.5% vs +29.1%
-28%0%+10%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. EXP · MAS

Year-by-year returns

YearEXPMAS
2022-19.6%-32.1%
2023+53.6%+46.6%
2024+22.1%+10.0%
2025-15.9%-10.9%
2026-4.1%+16.3%

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

Are EXP and MAS good diversifiers for each other?

Somewhat, no more. With 0.72 correlation, most large moves hit both names, and the diversification benefit stays modest.

FAQ

What is the correlation between EXP and MAS?

As of 2026-08-27, the correlation of weekly returns between EXP and MAS is 0.72 over 3 years, 0.77 over 1 year and 0.68 over 5 years.

Is MAS a good diversifier for EXP?

Somewhat, no more. With 0.72 correlation, most large moves hit both names, and the diversification benefit stays modest.

What does a correlation of 0.72 mean?

A reading of 0.72 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

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$ curl https://www.pairbook.io/api/v1/pairs/exp-vs-mas.json

EXP vs MAS: 3-year weekly correlation 0.72EXP vs MAS0.72

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Related comparisons

Hubs: EXP correlations · MAS correlations