FUL vs RPM: Correlation
How closely do H. B. Fuller Company (FUL) and RPM International Inc. (RPM) trade together? Their weekly returns over three years give a correlation of 0.69, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FUL and RPM?
On 3 years of weekly data the FUL/RPM correlation comes out at 0.69, strong. Little has changed lately, as the 1-year reading of 0.72 lands near the 3-year figure. The 5-year figure is 0.70, and annualized covariance runs at 536.6 %².
In FUL's tracked universe of 16 assets, RPM sits right near the top at #1. The trailing year gives FUL the advantage: -6.1% versus -14.3%, a 8.2-point spread.
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.
FUL vs RPM: side by side
| FUL (H. B. Fuller Company) | RPM (RPM International Inc.) | |
|---|---|---|
| 1-year return | -6.1% | -14.3% |
| 5-year return | -10.4% | +38.7% |
| Volatility (ann.) | 31.0% | 25.0% |
| Beta vs S&P 500 | 0.93 | 0.85 |
| Max drawdown (3Y) | -43.5% | -32.0% |
| Market cap | $3.1B | $13.5B |
| P/E (trailing) | 17.2 | 20.7 |
| Dividend yield | 1.64% | 1.99% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FUL | RPM |
|---|---|---|
| 2022 | -10.6% | -1.7% |
| 2023 | +15.0% | +16.8% |
| 2024 | -16.2% | +12.1% |
| 2025 | -10.5% | -13.9% |
| 2026 | -3.0% | +3.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FUL and RPM good diversifiers for each other?
Only partially. A correlation of 0.69 means FUL and RPM share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between FUL and RPM?
As of 2026-08-27, the correlation of weekly returns between FUL and RPM is 0.69 over 3 years, 0.72 over 1 year and 0.70 over 5 years.
Is RPM a good diversifier for FUL?
Only partially. A correlation of 0.69 means FUL and RPM share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.69 mean?
On the −1 to +1 scale, 0.69 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/ful-vs-rpm.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ful-vs-rpm/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FUL correlations · RPM correlations
