IPAR vs WDFC: Correlation
How closely do Interparfums, Inc. (IPAR) and WD-40 Company (WDFC) trade together? Their weekly returns over three years give a correlation of 0.38, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IPAR and WDFC?
Over the past 3 years, IPAR and WDFC moved with a correlation of 0.38, which is moderate. Little has changed lately, as the 1-year reading of 0.30 lands near the 3-year figure. Over 5 years the correlation is 0.37, and the annualized covariance of weekly returns is 331.6 %².
By 3-year correlation, WDFC places #7 of the 13 assets tracked against IPAR. Their 12-month results are close: +4.5% for IPAR against +0.7% for WDFC.
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.
IPAR vs WDFC: side by side
| IPAR (Interparfums, Inc.) | WDFC (WD-40 Company) | |
|---|---|---|
| 1-year return | +4.5% | +0.7% |
| 5-year return | +80.2% | +0.9% |
| Volatility (ann.) | 32.0% | 27.6% |
| Beta vs S&P 500 | 0.75 | 0.18 |
| Max drawdown (3Y) | -46.4% | -34.2% |
| Market cap | $3.8B | $2.9B |
| P/E (trailing) | 22.4 | 33.3 |
| Dividend yield | 2.74% | 1.85% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IPAR | WDFC |
|---|---|---|
| 2022 | -7.4% | -33.0% |
| 2023 | +52.0% | +50.9% |
| 2024 | -6.5% | +2.9% |
| 2025 | -33.6% | -17.4% |
| 2026 | +40.6% | +12.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IPAR and WDFC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between IPAR and WDFC?
As of 2026-08-27, the correlation of weekly returns between IPAR and WDFC is 0.38 over 3 years, 0.30 over 1 year and 0.37 over 5 years.
Is WDFC a good diversifier for IPAR?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.38 mean?
A reading of 0.38 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/ipar-vs-wdfc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ipar-vs-wdfc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: IPAR correlations · WDFC correlations
