GPC vs TSCO: Correlation
Genuine Parts Company (GPC) and Tractor Supply (TSCO) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GPC and TSCO?
On 3 years of weekly data the GPC/TSCO correlation comes out at 0.44, moderate. The relationship has been stable: the 1-year correlation (0.44) sits close to the 3-year figure. The 5-year figure is 0.48, and annualized covariance runs at 404.5 %².
By 3-year correlation, TSCO places #19 of the 36 assets tracked against GPC. Their recent paths diverged sharply: over the last 12 months GPC outperformed by 44.3 percentage points (+1.3% for GPC against -43.0% for TSCO). On a rolling one-year basis the correlation drifted between 0.28 and 0.66, a moderate band.
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 TSCO: side by side
| GPC (Genuine Parts Company) | TSCO (Tractor Supply) | |
|---|---|---|
| 1-year return | +1.3% | -43.0% |
| 5-year return | +27.6% | -1.7% |
| Volatility (ann.) | 31.9% | 28.5% |
| Beta vs S&P 500 | 0.66 | 0.67 |
| Max drawdown (3Y) | -39.7% | -52.7% |
| Market cap | $18.8B | $18.1B |
| P/E (trailing) | 546.8 | 18.3 |
| Dividend yield | 3.00% | 2.68% |
| Sector / category | Consumer Discretionary | Consumer Discretionary |
Year-by-year returns
| Year | GPC | TSCO |
|---|---|---|
| 2022 | +26.8% | -4.0% |
| 2023 | -18.1% | -2.6% |
| 2024 | -13.2% | +25.4% |
| 2025 | +8.7% | -4.2% |
| 2026 | +13.4% | -29.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GPC and TSCO good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between GPC and TSCO?
As of 2026-08-27, the correlation of weekly returns between GPC and TSCO is 0.44 over 3 years, 0.44 over 1 year and 0.48 over 5 years.
Is TSCO a good diversifier for GPC?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 mean?
On the −1 to +1 scale, 0.44 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/gpc-vs-tsco.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gpc-vs-tsco/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GPC correlations · TSCO correlations
