GFF vs MAS: Correlation
Measured on weekly returns over the past three years, Griffon Corporation (GFF) and Masco (MAS) carry a correlation of 0.71, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GFF and MAS?
Across a 3-year window, the weekly returns of GFF and MAS correlate at 0.71, strong. Recent behaviour matches the longer record: 0.80 over 1 year against 0.71 over 3. Stretching to 5 years gives 0.59, with an annualized covariance of 817.7 %².
In GFF's tracked universe of 26 assets, MAS sits right near the top at #3. Their recent paths diverged sharply: over the last 12 months GFF outperformed by 28.9 percentage points (+28.4% for GFF against -0.5% for MAS).
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.
GFF vs MAS: side by side
| GFF (Griffon Corporation) | MAS (Masco) | |
|---|---|---|
| 1-year return | +28.4% | -0.5% |
| 5-year return | +396.8% | +29.1% |
| Volatility (ann.) | 38.7% | 29.6% |
| Beta vs S&P 500 | 1.14 | 0.95 |
| Max drawdown (3Y) | -27.9% | -30.9% |
| Market cap | $4.5B | $14.4B |
| P/E (trailing) | 21.1 | 17.0 |
| Dividend yield | 0.83% | 1.71% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | GFF | MAS |
|---|---|---|
| 2022 | +36.9% | -32.1% |
| 2023 | +84.0% | +46.6% |
| 2024 | +18.0% | +10.0% |
| 2025 | +4.4% | -10.9% |
| 2026 | +35.4% | +16.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GFF and MAS good diversifiers for each other?
To a limited degree. At 0.71 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 GFF and MAS?
As of 2026-08-27, the correlation of weekly returns between GFF and MAS is 0.71 over 3 years, 0.80 over 1 year and 0.59 over 5 years.
Is MAS a good diversifier for GFF?
To a limited degree. At 0.71 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 0.71 mean?
On the −1 to +1 scale, 0.71 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/gff-vs-mas.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/gff-vs-mas/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GFF correlations · MAS correlations
