GNRC vs MAS: Correlation
Measured on weekly returns over the past three years, Generac (GNRC) and Masco (MAS) carry a correlation of 0.48, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GNRC and MAS?
Over the past 3 years, GNRC and MAS moved with a correlation of 0.48, which is moderate. The relationship has been stable: the 1-year correlation (0.39) sits close to the 3-year figure. Over 5 years the correlation is 0.51, and the annualized covariance of weekly returns is 658.2 %².
Among the 35 assets we track against GNRC, MAS ranks #18 by 3-year correlation. Over the last 12 months GNRC came out ahead by 6.0 percentage points (+5.5% against -0.5%). On a rolling one-year basis the correlation drifted between 0.37 and 0.63, a moderate band. Risk is not evenly split, since GNRC carries 1.6 times the volatility of the other side.
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.
GNRC vs MAS: side by side
| GNRC (Generac) | MAS (Masco) | |
|---|---|---|
| 1-year return | +5.5% | -0.5% |
| 5-year return | -55.4% | +29.1% |
| Volatility (ann.) | 46.1% | 29.6% |
| Beta vs S&P 500 | 1.35 | 0.95 |
| Max drawdown (3Y) | -47.8% | -30.9% |
| Market cap | $11.6B | $14.4B |
| P/E (trailing) | 47.4 | 17.0 |
| Dividend yield | 0.00% | 1.71% |
| Sector / category | Industrials | Industrials |
Year-by-year returns
| Year | GNRC | MAS |
|---|---|---|
| 2022 | -71.4% | -32.1% |
| 2023 | +28.4% | +46.6% |
| 2024 | +20.0% | +10.0% |
| 2025 | -12.0% | -10.9% |
| 2026 | +44.7% | +16.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GNRC and MAS good diversifiers for each other?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GNRC and MAS?
As of 2026-08-27, the correlation of weekly returns between GNRC and MAS is 0.48 over 3 years, 0.39 over 1 year and 0.51 over 5 years.
Is MAS a good diversifier for GNRC?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.48 mean?
A reading of 0.48 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
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Related comparisons
Hubs: GNRC correlations · MAS correlations
