JELD vs MBC: Correlation
JELD-WEN Holding, Inc. (JELD) and MasterBrand, Inc. (MBC) show a strong relationship: their 3-year correlation of weekly returns is 0.64.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JELD and MBC?
Across a 3-year window, the weekly returns of JELD and MBC correlate at 0.64, strong. Recent behaviour matches the longer record: 0.56 over 1 year against 0.64 over 3. Stretching to 5 years gives 0.62, with an annualized covariance of 2271.7 %².
In JELD's tracked universe of 16 assets, MBC sits right near the top at #1. The last year tells two different stories: MBC led by 29.9 percentage points, -63.7% for JELD against -33.8% for MBC. One caveat on sizing: JELD is 1.8 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.
JELD vs MBC: side by side
| JELD (JELD-WEN Holding, Inc.) | MBC (MasterBrand, Inc.) | |
|---|---|---|
| 1-year return | -63.7% | -33.8% |
| 5-year return | -92.5% | n/a |
| Volatility (ann.) | 80.7% | 43.7% |
| Beta vs S&P 500 | 2.01 | 1.16 |
| Max drawdown (3Y) | -95.5% | -64.7% |
| Market cap | $0.2B | $1.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JELD | MBC |
|---|---|---|
| 2022 | -63.4% | – |
| 2023 | +95.6% | +96.7% |
| 2024 | -56.6% | -1.6% |
| 2025 | -70.0% | -24.4% |
| 2026 | -11.4% | -21.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JELD and MBC good diversifiers for each other?
Somewhat, no more. With 0.64 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between JELD and MBC?
Using weekly returns as of 2026-08-27: 0.64 over 3 years, with 0.56 over the last year and 0.62 over 5 years.
Is MBC a good diversifier for JELD?
Somewhat, no more. With 0.64 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.64 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/jeld-vs-mbc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/jeld-vs-mbc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: JELD correlations · MBC correlations
