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FTDR vs PRMB: Correlation

Frontdoor, Inc. (FTDR) and Primo Brands Corporation (PRMB) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.44
moderate
Correlation (1Y)
0.61
last 12 months
Correlation (5Y)
0.38
long-run
Ann. covariance
762.9
%² · weekly, annualized

How correlated are FTDR and PRMB?

Across a 3-year window, the weekly returns of FTDR and PRMB correlate at 0.44, moderate. The link has tightened recently: the 1-year correlation (0.61) runs above the 3-year figure (0.44). Stretching to 5 years gives 0.38, with an annualized covariance of 762.9 %².

Within FTDR's tracked universe of 14 assets, PRMB comes in at #7 by 3-year correlation. Correlation aside, the last 12 months split them widely, with FTDR ahead by 43.5 points (+33.6% versus -9.9%).

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.

FTDR vs PRMB: side by side

FTDR (Frontdoor, Inc.)PRMB (Primo Brands Corporation)
1-year return+33.6%-9.9%
5-year return+91.0%+43.1%
Volatility (ann.)43.8%39.7%
Beta vs S&P 5001.310.62
Max drawdown (3Y)-40.6%-59.1%
Market cap$5.7B$8.1B
P/E (trailing)21.977.4
Dividend yield0.00%1.91%
Sector / categoryUS ListedUS Listed
Lower P/E: FTDR 21.9 vs 77.4Higher yield: PRMB 1.91% vs 0.00%Smaller drawdown: FTDR -40.6% vs -59.1%Higher 5y return: FTDR +91.0% vs +43.1%
-43%0%+44%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). FTDR · PRMB

Year-by-year returns

YearFTDRPRMB
2022-43.2%-10.1%
2023+69.3%-0.9%
2024+55.2%+114.6%
2025+5.5%-46.0%
2026+43.6%+39.4%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are FTDR and PRMB good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between FTDR and PRMB?

Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.61 over the last year and 0.38 over 5 years.

Is PRMB a good diversifier for FTDR?

Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.44 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

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FTDR vs PRMB: 3-year weekly correlation 0.44FTDR vs PRMB0.44

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Related comparisons

Hubs: FTDR correlations · PRMB correlations