FC vs WY: Correlation
Measured on weekly returns over the past three years, Franklin Covey Company (FC) and Weyerhaeuser (WY) carry a correlation of 0.44, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FC and WY?
Across a 3-year window, the weekly returns of FC and WY correlate at 0.44, moderate. Little has changed lately, as the 1-year reading of 0.50 lands near the 3-year figure. Stretching to 5 years gives 0.36, with an annualized covariance of 568.3 %².
WY is one of the assets that tracks FC most closely: it ranks #3 out of the 15 assets we track against FC. The trailing year gives FC the advantage: +3.4% versus -6.1%, a 9.5-point spread. One caveat on sizing: FC is 2.1 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
FC vs WY: side by side
| FC (Franklin Covey Company) | WY (Weyerhaeuser) | |
|---|---|---|
| 1-year return | +3.4% | -6.1% |
| 5-year return | -52.7% | -19.5% |
| Volatility (ann.) | 52.1% | 24.8% |
| Beta vs S&P 500 | 1.11 | 0.64 |
| Max drawdown (3Y) | -74.0% | -38.0% |
| Market cap | – | $17.1B |
| P/E (trailing) | 135.7 | 36.5 |
| Dividend yield | 0.00% | 3.49% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | FC | WY |
|---|---|---|
| 2022 | +0.9% | -20.4% |
| 2023 | -6.9% | +18.0% |
| 2024 | -13.7% | -16.6% |
| 2025 | -55.3% | -13.0% |
| 2026 | +21.3% | +1.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FC and WY 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 FC and WY?
The FC/WY correlation stands at 0.44 on a 3-year window (1 year: 0.50, 5 years: 0.36), computed from weekly returns as of 2026-08-27.
Is WY a good diversifier for FC?
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?
On the −1 to +1 scale, 0.44 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/fc-vs-wy.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/fc-vs-wy/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FC correlations · WY correlations
