FUL vs WOR: Correlation
H. B. Fuller Company (FUL) and Worthington Enterprises, Inc. (WOR) show a moderate relationship: their 3-year correlation of weekly returns is 0.52.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FUL and WOR?
Across a 3-year window, the weekly returns of FUL and WOR correlate at 0.52, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.67 versus 0.52 over 3 years. Stretching to 5 years gives 0.54, with an annualized covariance of 560.7 %².
By 3-year correlation, WOR places #6 of the 16 assets tracked against FUL. On 12-month performance FUL holds a 7.0-point edge, -6.1% against -13.1%.
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 WOR: side by side
| FUL (H. B. Fuller Company) | WOR (Worthington Enterprises, Inc.) | |
|---|---|---|
| 1-year return | -6.1% | -13.1% |
| 5-year return | -10.4% | +73.3% |
| Volatility (ann.) | 31.0% | 34.7% |
| Beta vs S&P 500 | 0.93 | 0.83 |
| Max drawdown (3Y) | -43.5% | -42.4% |
| Market cap | $3.1B | $2.8B |
| P/E (trailing) | 17.2 | 18.5 |
| Dividend yield | 1.64% | 1.31% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FUL | WOR |
|---|---|---|
| 2022 | -10.6% | -6.9% |
| 2023 | +15.0% | +91.6% |
| 2024 | -16.2% | -29.3% |
| 2025 | -10.5% | +30.3% |
| 2026 | -3.0% | +12.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FUL and WOR good diversifiers for each other?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between FUL and WOR?
As of 2026-08-27, the correlation of weekly returns between FUL and WOR is 0.52 over 3 years, 0.67 over 1 year and 0.54 over 5 years.
Is WOR a good diversifier for FUL?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.52 mean?
On the −1 to +1 scale, 0.52 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-wor.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ful-vs-wor/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FUL correlations · WOR correlations
