IART vs MCFT: Correlation
Integra LifeSciences Holdings Corporation (IART) and MasterCraft Boat Holdings, Inc. (MCFT) show a moderate relationship: their 3-year correlation of weekly returns is 0.58.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IART and MCFT?
Over the past 3 years, IART and MCFT moved with a correlation of 0.58, which is moderate. Little has changed lately, as the 1-year reading of 0.58 lands near the 3-year figure. Over 5 years the correlation is 0.50, and the annualized covariance of weekly returns is 1323.4 %².
Few assets follow IART as closely as MCFT, which ranks #2 of 16 tracked partners. On 12-month performance IART holds a 7.7-point edge, +13.3% against +5.6%.
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.
IART vs MCFT: side by side
| IART (Integra LifeSciences Holdings Corporation) | MCFT (MasterCraft Boat Holdings, Inc.) | |
|---|---|---|
| 1-year return | +13.3% | +5.6% |
| 5-year return | -77.0% | -7.0% |
| Volatility (ann.) | 58.0% | 39.1% |
| Beta vs S&P 500 | 1.66 | 1.03 |
| Max drawdown (3Y) | -80.3% | -41.1% |
| Market cap | $1.3B | $0.6B |
| P/E (trailing) | – | 36.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IART | MCFT |
|---|---|---|
| 2022 | -16.3% | -8.7% |
| 2023 | -22.3% | -12.5% |
| 2024 | -47.9% | -15.8% |
| 2025 | -45.2% | -0.8% |
| 2026 | +35.7% | +27.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IART and MCFT good diversifiers for each other?
Only partially. A correlation of 0.58 means IART and MCFT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between IART and MCFT?
The IART/MCFT correlation stands at 0.58 on a 3-year window (1 year: 0.58, 5 years: 0.50), computed from weekly returns as of 2026-08-27.
Is MCFT a good diversifier for IART?
Only partially. A correlation of 0.58 means IART and MCFT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.58 mean?
A reading of 0.58 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/iart-vs-mcft.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/iart-vs-mcft/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: IART correlations · MCFT correlations
