FBIN vs SCI: Correlation
Measured on weekly returns over the past three years, Fortune Brands Innovations, Inc. (FBIN) and Service Corporation International (SCI) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FBIN and SCI?
Over the past 3 years, FBIN and SCI moved with a correlation of 0.47, which is moderate. The relationship has been stable: the 1-year correlation (0.47) sits close to the 3-year figure. Over 5 years the correlation is 0.43, and the annualized covariance of weekly returns is 429.3 %².
Within FBIN's tracked universe of 20 assets, SCI comes in at #15 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months SCI outperformed by 28.6 percentage points (-22.1% for FBIN against +6.5% for SCI). Risk is not evenly split, since FBIN carries 1.6 times the volatility of the other side.
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 SCI: side by side
| FBIN (Fortune Brands Innovations, Inc.) | SCI (Service Corporation International) | |
|---|---|---|
| 1-year return | -22.1% | +6.5% |
| 5-year return | -42.9% | +44.7% |
| Volatility (ann.) | 38.8% | 23.6% |
| Beta vs S&P 500 | 1.29 | 0.47 |
| Max drawdown (3Y) | -61.9% | -21.6% |
| Market cap | $5.4B | $11.4B |
| P/E (trailing) | 37.4 | 21.8 |
| Dividend yield | 2.20% | 1.59% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FBIN | SCI |
|---|---|---|
| 2022 | -36.5% | -1.0% |
| 2023 | +35.2% | +0.7% |
| 2024 | -9.1% | +18.4% |
| 2025 | -25.4% | -0.7% |
| 2026 | -7.8% | +8.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FBIN and SCI good diversifiers for each other?
Reasonably. At 0.47, FBIN and SCI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between FBIN and SCI?
The FBIN/SCI correlation stands at 0.47 on a 3-year window (1 year: 0.47, 5 years: 0.43), computed from weekly returns as of 2026-08-27.
Is SCI a good diversifier for FBIN?
Reasonably. At 0.47, FBIN and SCI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.47 mean?
On the −1 to +1 scale, 0.47 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/fbin-vs-sci.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fbin-vs-sci/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FBIN correlations · SCI correlations
