GRC vs MAS: Correlation
How closely do Gorman-Rupp Company (The) (GRC) and Masco (MAS) trade together? Their weekly returns over three years give a correlation of 0.62, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GRC and MAS?
On 3 years of weekly data the GRC/MAS correlation comes out at 0.62, strong. The relationship has been stable: the 1-year correlation (0.68) sits close to the 3-year figure. The 5-year figure is 0.54, and annualized covariance runs at 565.7 %².
Among the 14 assets we track against GRC, MAS ranks #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with GRC ahead by 82.9 points (+82.4% versus -0.5%).
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.
GRC vs MAS: side by side
| GRC (Gorman-Rupp Company (The)) | MAS (Masco) | |
|---|---|---|
| 1-year return | +82.4% | -0.5% |
| 5-year return | +143.0% | +29.1% |
| Volatility (ann.) | 30.6% | 29.6% |
| Beta vs S&P 500 | 0.85 | 0.95 |
| Max drawdown (3Y) | -26.9% | -30.9% |
| Market cap | $2.0B | $14.4B |
| P/E (trailing) | 32.7 | 17.0 |
| Dividend yield | 0.97% | 1.71% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | GRC | MAS |
|---|---|---|
| 2022 | -41.2% | -32.1% |
| 2023 | +42.2% | +46.6% |
| 2024 | +8.9% | +10.0% |
| 2025 | +28.2% | -10.9% |
| 2026 | +63.7% | +16.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GRC and MAS good diversifiers for each other?
To a limited degree. At 0.62 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 GRC and MAS?
The GRC/MAS correlation stands at 0.62 on a 3-year window (1 year: 0.68, 5 years: 0.54), computed from weekly returns as of 2026-08-27.
Is MAS a good diversifier for GRC?
To a limited degree. At 0.62 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 0.62 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
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Related comparisons
Hubs: GRC correlations · MAS correlations
