JAKK vs MAC: Correlation
JAKKS Pacific, Inc. (JAKK) and Macerich Company (The) (MAC) show a moderate relationship: their 3-year correlation of weekly returns is 0.48.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JAKK and MAC?
Over the past 3 years, JAKK and MAC moved with a correlation of 0.48, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.62 versus 0.48 over 3 years. Over 5 years the correlation is 0.41, and the annualized covariance of weekly returns is 959.6 %².
MAC is one of the assets that tracks JAKK most closely: it ranks #2 out of the 12 assets we track against JAKK. On 12-month performance JAKK holds a 14.4-point edge, +48.9% against +34.5%.
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.
JAKK vs MAC: side by side
| JAKK (JAKKS Pacific, Inc.) | MAC (Macerich Company (The)) | |
|---|---|---|
| 1-year return | +48.9% | +34.5% |
| 5-year return | +96.2% | +75.7% |
| Volatility (ann.) | 54.5% | 36.7% |
| Beta vs S&P 500 | 1.20 | 1.22 |
| Max drawdown (3Y) | -57.3% | -39.6% |
| Market cap | $0.3B | $7.1B |
| P/E (trailing) | 18.2 | – |
| Dividend yield | 3.90% | 2.81% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JAKK | MAC |
|---|---|---|
| 2022 | +72.1% | -31.6% |
| 2023 | +103.3% | +45.7% |
| 2024 | -20.8% | +34.5% |
| 2025 | -36.9% | -3.7% |
| 2026 | +55.1% | +31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JAKK and MAC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between JAKK and MAC?
The JAKK/MAC correlation stands at 0.48 on a 3-year window (1 year: 0.62, 5 years: 0.41), computed from weekly returns as of 2026-08-27.
Is MAC a good diversifier for JAKK?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.48 mean?
On the −1 to +1 scale, 0.48 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/jakk-vs-mac.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/jakk-vs-mac/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: JAKK correlations · MAC correlations
