FBIN vs WSM: Correlation
Measured on weekly returns over the past three years, Fortune Brands Innovations, Inc. (FBIN) and Williams-Sonoma, Inc. (WSM) carry a correlation of 0.56, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FBIN and WSM?
Over the past 3 years, FBIN and WSM moved with a correlation of 0.56, which is moderate. Little has changed lately, as the 1-year reading of 0.62 lands near the 3-year figure. Over 5 years the correlation is 0.53, and the annualized covariance of weekly returns is 934.7 %².
Within FBIN's tracked universe of 20 assets, WSM comes in at #9 by 3-year correlation. Correlation aside, the last 12 months split them widely, with WSM ahead by 47.9 points (-22.1% versus +25.8%).
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 WSM: side by side
| FBIN (Fortune Brands Innovations, Inc.) | WSM (Williams-Sonoma, Inc.) | |
|---|---|---|
| 1-year return | -22.1% | +25.8% |
| 5-year return | -42.9% | +182.0% |
| Volatility (ann.) | 38.8% | 43.0% |
| Beta vs S&P 500 | 1.29 | 1.33 |
| Max drawdown (3Y) | -61.9% | -36.8% |
| Market cap | $5.4B | $28.1B |
| P/E (trailing) | 37.4 | 24.4 |
| Dividend yield | 2.20% | 0.56% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | FBIN | WSM |
|---|---|---|
| 2022 | -36.5% | -30.5% |
| 2023 | +35.2% | +80.2% |
| 2024 | -9.1% | +86.6% |
| 2025 | -25.4% | -2.1% |
| 2026 | -7.8% | +34.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FBIN and WSM good diversifiers for each other?
To a limited degree. At 0.56 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 WSM?
The FBIN/WSM correlation stands at 0.56 on a 3-year window (1 year: 0.62, 5 years: 0.53), computed from weekly returns as of 2026-08-27.
Is WSM a good diversifier for FBIN?
To a limited degree. At 0.56 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 0.56 mean?
On the −1 to +1 scale, 0.56 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-wsm.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fbin-vs-wsm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FBIN correlations · WSM correlations
