GFF vs UFPI: Correlation
Griffon Corporation (GFF) and UFP Industries, Inc. (UFPI) show a strong relationship: their 3-year correlation of weekly returns is 0.70.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GFF and UFPI?
On 3 years of weekly data the GFF/UFPI correlation comes out at 0.70, strong. Little has changed lately, as the 1-year reading of 0.77 lands near the 3-year figure. The 5-year figure is 0.62, and annualized covariance runs at 791.8 %².
By 3-year correlation, UFPI places #4 of the 26 assets tracked against GFF. The last year tells two different stories: GFF led by 44.5 percentage points, +28.4% for GFF against -16.1% for UFPI.
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 UFPI: side by side
| GFF (Griffon Corporation) | UFPI (UFP Industries, Inc.) | |
|---|---|---|
| 1-year return | +28.4% | -16.1% |
| 5-year return | +396.8% | +16.0% |
| Volatility (ann.) | 38.7% | 29.4% |
| Beta vs S&P 500 | 1.14 | 0.82 |
| Max drawdown (3Y) | -27.9% | -41.9% |
| Market cap | $4.5B | $4.7B |
| P/E (trailing) | 21.1 | 19.7 |
| Dividend yield | 0.83% | 1.64% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GFF | UFPI |
|---|---|---|
| 2022 | +36.9% | -12.9% |
| 2023 | +84.0% | +60.3% |
| 2024 | +18.0% | -9.3% |
| 2025 | +4.4% | -18.0% |
| 2026 | +35.4% | -5.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GFF and UFPI good diversifiers for each other?
To a limited degree. At 0.70 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 UFPI?
Using weekly returns as of 2026-08-27: 0.70 over 3 years, with 0.77 over the last year and 0.62 over 5 years.
Is UFPI a good diversifier for GFF?
To a limited degree. At 0.70 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 0.70 mean?
On the −1 to +1 scale, 0.70 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-ufpi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gff-vs-ufpi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GFF correlations · UFPI correlations
