JBI vs REZI: Correlation
How closely do Janus International Group, Inc. (JBI) and Resideo Technologies, Inc. (REZI) trade together? Their weekly returns over three years give a correlation of 0.53, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JBI and REZI?
Over the past 3 years, JBI and REZI moved with a correlation of 0.53, which is moderate. The past 12 months show a tighter link (0.67) than the 3-year average (0.53). Over 5 years the correlation is 0.51, and the annualized covariance of weekly returns is 1187.7 %².
Within JBI's tracked universe of 11 assets, REZI comes in at #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with REZI ahead by 35.3 points (-52.6% versus -17.3%).
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 REZI: side by side
| JBI (Janus International Group, Inc.) | REZI (Resideo Technologies, Inc.) | |
|---|---|---|
| 1-year return | -52.6% | -17.3% |
| 5-year return | -66.6% | -11.7% |
| Volatility (ann.) | 46.0% | 48.9% |
| Beta vs S&P 500 | 1.01 | 1.58 |
| Max drawdown (3Y) | -69.3% | -47.1% |
| Market cap | $0.7B | $3.0B |
| P/E (trailing) | 21.5 | 7.8 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JBI | REZI |
|---|---|---|
| 2022 | -24.0% | -36.8% |
| 2023 | +37.1% | +14.4% |
| 2024 | -43.7% | +22.5% |
| 2025 | -11.0% | +52.4% |
| 2026 | -24.3% | -18.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JBI and REZI good diversifiers for each other?
To a limited degree. At 0.53 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 JBI and REZI?
Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.67 over the last year and 0.51 over 5 years.
Is REZI a good diversifier for JBI?
To a limited degree. At 0.53 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 0.53 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/jbi-vs-rezi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/jbi-vs-rezi/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: JBI correlations · REZI correlations
