FBIN vs MAS: Correlation
How closely do Fortune Brands Innovations, Inc. (FBIN) and Masco (MAS) trade together? Their weekly returns over three years give a correlation of 0.78, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FBIN and MAS?
Over the past 3 years, FBIN and MAS moved with a correlation of 0.78, which is strong. The relationship has been stable: the 1-year correlation (0.69) sits close to the 3-year figure. Over 5 years the correlation is 0.79, and the annualized covariance of weekly returns is 894.7 %².
Few assets follow FBIN as closely as MAS, which ranks #1 of 20 tracked partners. The last year tells two different stories: MAS led by 21.6 percentage points, -22.1% for FBIN against -0.5% for MAS.
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.
FBIN vs MAS: side by side
| FBIN (Fortune Brands Innovations, Inc.) | MAS (Masco) | |
|---|---|---|
| 1-year return | -22.1% | -0.5% |
| 5-year return | -42.9% | +29.1% |
| Volatility (ann.) | 38.8% | 29.6% |
| Beta vs S&P 500 | 1.29 | 0.95 |
| Max drawdown (3Y) | -61.9% | -30.9% |
| Market cap | $5.4B | $14.4B |
| P/E (trailing) | 37.4 | 17.0 |
| Dividend yield | 2.20% | 1.71% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | FBIN | MAS |
|---|---|---|
| 2022 | -36.5% | -32.1% |
| 2023 | +35.2% | +46.6% |
| 2024 | -9.1% | +10.0% |
| 2025 | -25.4% | -10.9% |
| 2026 | -7.8% | +16.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FBIN and MAS good diversifiers for each other?
To a limited degree. At 0.78 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 FBIN and MAS?
The FBIN/MAS correlation stands at 0.78 on a 3-year window (1 year: 0.69, 5 years: 0.79), computed from weekly returns as of 2026-08-27.
Is MAS a good diversifier for FBIN?
To a limited degree. At 0.78 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 0.78 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/fbin-vs-mas.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/fbin-vs-mas/)
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Related comparisons
Hubs: FBIN correlations · MAS correlations
