ITT vs WCC: Correlation
How closely do ITT Inc. (ITT) and WESCO International, Inc. (WCC) trade together? Their weekly returns over three years give a correlation of 0.64, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ITT and WCC?
On 3 years of weekly data the ITT/WCC correlation comes out at 0.64, strong. Little has changed lately, as the 1-year reading of 0.61 lands near the 3-year figure. The 5-year figure is 0.67, and annualized covariance runs at 669.6 %².
Among the 38 assets we track against ITT, WCC ranks #22 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months WCC outperformed by 34.6 percentage points (+20.8% for ITT against +55.4% for WCC).
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.
ITT vs WCC: side by side
| ITT (ITT Inc.) | WCC (WESCO International, Inc.) | |
|---|---|---|
| 1-year return | +20.8% | +55.4% |
| 5-year return | +124.4% | +203.7% |
| Volatility (ann.) | 27.4% | 38.3% |
| Beta vs S&P 500 | 1.33 | 1.59 |
| Max drawdown (3Y) | -29.1% | -37.4% |
| Market cap | – | $17.1B |
| P/E (trailing) | 40.9 | 24.0 |
| Dividend yield | 0.70% | 0.55% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ITT | WCC |
|---|---|---|
| 2022 | -19.5% | -4.9% |
| 2023 | +48.9% | +40.2% |
| 2024 | +20.9% | +5.1% |
| 2025 | +22.5% | +36.4% |
| 2026 | +20.3% | +43.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ITT and WCC good diversifiers for each other?
To a limited degree. At 0.64 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 ITT and WCC?
Using weekly returns as of 2026-08-27: 0.64 over 3 years, with 0.61 over the last year and 0.67 over 5 years.
Is WCC a good diversifier for ITT?
To a limited degree. At 0.64 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 0.64 mean?
A reading of 0.64 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/itt-vs-wcc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/itt-vs-wcc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ITT correlations · WCC correlations
