GPC vs MHK: Correlation
Genuine Parts Company (GPC) and Mohawk Industries, Inc. (MHK) show a moderate relationship: their 3-year correlation of weekly returns is 0.54.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GPC and MHK?
Over the past 3 years, GPC and MHK moved with a correlation of 0.54, which is moderate. Recent behaviour matches the longer record: 0.59 over 1 year against 0.54 over 3. Over 5 years the correlation is 0.48, and the annualized covariance of weekly returns is 682.9 %².
Among the 36 assets we track against GPC, MHK ranks #10 by 3-year correlation. Twelve-month performance is nearly a tie, at +1.3% for GPC and -1.8% for MHK.
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.
GPC vs MHK: side by side
| GPC (Genuine Parts Company) | MHK (Mohawk Industries, Inc.) | |
|---|---|---|
| 1-year return | +1.3% | -1.8% |
| 5-year return | +27.6% | -35.8% |
| Volatility (ann.) | 31.9% | 39.3% |
| Beta vs S&P 500 | 0.66 | 1.13 |
| Max drawdown (3Y) | -39.7% | -42.0% |
| Market cap | $18.8B | $8.8B |
| P/E (trailing) | 546.8 | 17.5 |
| Dividend yield | 3.00% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | GPC | MHK |
|---|---|---|
| 2022 | +26.8% | -43.9% |
| 2023 | -18.1% | +1.3% |
| 2024 | -13.2% | +15.1% |
| 2025 | +8.7% | -8.3% |
| 2026 | +13.4% | +18.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GPC and MHK good diversifiers for each other?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between GPC and MHK?
The GPC/MHK correlation stands at 0.54 on a 3-year window (1 year: 0.59, 5 years: 0.48), computed from weekly returns as of 2026-08-27.
Is MHK a good diversifier for GPC?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.54 mean?
A reading of 0.54 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
$ curl https://www.pairbook.io/api/v1/pairs/gpc-vs-mhk.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gpc-vs-mhk/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GPC correlations · MHK correlations
