FERG vs GFF: Correlation
How closely do Ferguson Enterprises (FERG) and Griffon Corporation (GFF) trade together? Their weekly returns over three years give a correlation of 0.58, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FERG and GFF?
Over the past 3 years, FERG and GFF moved with a correlation of 0.58, which is moderate. The relationship has been stable: the 1-year correlation (0.58) sits close to the 3-year figure. Over 5 years the correlation is 0.44, and the annualized covariance of weekly returns is 667.8 %².
Within FERG's tracked universe of 35 assets, GFF comes in at #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with GFF ahead by 27.3 points (+1.1% versus +28.4%).
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.
FERG vs GFF: side by side
| FERG (Ferguson Enterprises) | GFF (Griffon Corporation) | |
|---|---|---|
| 1-year return | +1.1% | +28.4% |
| 5-year return | +82.2% | +396.8% |
| Volatility (ann.) | 30.0% | 38.7% |
| Beta vs S&P 500 | 0.99 | 1.14 |
| Max drawdown (3Y) | -32.9% | -27.9% |
| Market cap | $45.1B | $4.5B |
| P/E (trailing) | 23.0 | 21.1 |
| Dividend yield | 1.80% | 0.83% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | FERG | GFF |
|---|---|---|
| 2022 | -27.2% | +36.9% |
| 2023 | +55.1% | +84.0% |
| 2024 | -8.6% | +18.0% |
| 2025 | +29.9% | +4.4% |
| 2026 | +6.4% | +35.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FERG and GFF good diversifiers for each other?
To a limited degree. At 0.58 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 FERG and GFF?
As of 2026-08-27, the correlation of weekly returns between FERG and GFF is 0.58 over 3 years, 0.58 over 1 year and 0.44 over 5 years.
Is GFF a good diversifier for FERG?
To a limited degree. At 0.58 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 0.58 mean?
On the −1 to +1 scale, 0.58 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/ferg-vs-gff.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ferg-vs-gff/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FERG correlations · GFF correlations
