JBI vs MAS: Correlation
Measured on weekly returns over the past three years, Janus International Group, Inc. (JBI) and Masco (MAS) carry a correlation of 0.53, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JBI and MAS?
Over the past 3 years, JBI and MAS moved with a correlation of 0.53, which is moderate. Recent behaviour matches the longer record: 0.61 over 1 year against 0.53 over 3. Over 5 years the correlation is 0.55, and the annualized covariance of weekly returns is 717.4 %².
Among the 11 assets we track against JBI, MAS ranks #4 by 3-year correlation. The last year tells two different stories: MAS led by 52.1 percentage points, -52.6% for JBI against -0.5% for MAS. One caveat on sizing: JBI is 1.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
JBI vs MAS: side by side
| JBI (Janus International Group, Inc.) | MAS (Masco) | |
|---|---|---|
| 1-year return | -52.6% | -0.5% |
| 5-year return | -66.6% | +29.1% |
| Volatility (ann.) | 46.0% | 29.6% |
| Beta vs S&P 500 | 1.01 | 0.95 |
| Max drawdown (3Y) | -69.3% | -30.9% |
| Market cap | $0.7B | $14.4B |
| P/E (trailing) | 21.5 | 17.0 |
| Dividend yield | 0.00% | 1.71% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | JBI | MAS |
|---|---|---|
| 2022 | -24.0% | -32.1% |
| 2023 | +37.1% | +46.6% |
| 2024 | -43.7% | +10.0% |
| 2025 | -11.0% | -10.9% |
| 2026 | -24.3% | +16.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JBI and MAS good diversifiers for each other?
Only partially. A correlation of 0.53 means JBI and MAS 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 JBI and MAS?
Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.61 over the last year and 0.55 over 5 years.
Is MAS a good diversifier for JBI?
Only partially. A correlation of 0.53 means JBI and MAS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.53 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.
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Related comparisons
Hubs: JBI correlations · MAS correlations
