MAS vs MLKN: Correlation
Measured on weekly returns over the past three years, Masco (MAS) and MillerKnoll, Inc. (MLKN) 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 MAS and MLKN?
Across a 3-year window, the weekly returns of MAS and MLKN correlate at 0.53, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.65 versus 0.53 over 3 years. Stretching to 5 years gives 0.52, with an annualized covariance of 706.0 %².
By 3-year correlation, MLKN places #40 of the 61 assets tracked against MAS. The trailing year gives MLKN the advantage: -0.5% versus +13.8%, a 14.3-point spread. One caveat on sizing: MLKN is 1.5 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.
MAS vs MLKN: side by side
| MAS (Masco) | MLKN (MillerKnoll, Inc.) | |
|---|---|---|
| 1-year return | -0.5% | +13.8% |
| 5-year return | +29.1% | -35.2% |
| Volatility (ann.) | 29.6% | 45.1% |
| Beta vs S&P 500 | 0.95 | 1.11 |
| Max drawdown (3Y) | -30.9% | -53.3% |
| Market cap | $14.4B | $1.6B |
| P/E (trailing) | 17.0 | 17.7 |
| Dividend yield | 1.71% | 3.21% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | MAS | MLKN |
|---|---|---|
| 2022 | -32.1% | -44.9% |
| 2023 | +46.6% | +32.0% |
| 2024 | +10.0% | -13.0% |
| 2025 | -10.9% | -15.7% |
| 2026 | +16.3% | +31.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MAS and MLKN 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 MAS and MLKN?
Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.65 over the last year and 0.52 over 5 years.
Is MLKN a good diversifier for MAS?
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?
On the −1 to +1 scale, 0.53 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/mas-vs-mlkn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mas-vs-mlkn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MAS correlations · MLKN correlations
