MAS vs NNBR: Correlation
Masco (MAS) and NN, Inc. (NNBR) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MAS and NNBR?
Across a 3-year window, the weekly returns of MAS and NNBR correlate at 0.50, moderate. The relationship has been stable: the 1-year correlation (0.42) sits close to the 3-year figure. Stretching to 5 years gives 0.38, with an annualized covariance of 1113.7 %².
Within MAS's tracked universe of 61 assets, NNBR comes in at #44 by 3-year correlation. The last year tells two different stories: NNBR led by 40.5 percentage points, -0.5% for MAS against +40.0% for NNBR. Risk is not evenly split, since NNBR carries 2.6 times the volatility of the other side.
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 NNBR: side by side
| MAS (Masco) | NNBR (NN, Inc.) | |
|---|---|---|
| 1-year return | -0.5% | +40.0% |
| 5-year return | +29.1% | -34.0% |
| Volatility (ann.) | 29.6% | 76.0% |
| Beta vs S&P 500 | 0.95 | 2.49 |
| Max drawdown (3Y) | -30.9% | -77.8% |
| Market cap | $14.4B | $0.3B |
| P/E (trailing) | 17.0 | – |
| Dividend yield | 1.71% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | MAS | NNBR |
|---|---|---|
| 2022 | -32.1% | -63.4% |
| 2023 | +46.6% | +166.7% |
| 2024 | +10.0% | -18.3% |
| 2025 | -10.9% | -60.9% |
| 2026 | +16.3% | +178.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MAS and NNBR good diversifiers for each other?
To a limited degree. At 0.50 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 NNBR?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.42 over the last year and 0.38 over 5 years.
Is NNBR a good diversifier for MAS?
To a limited degree. At 0.50 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 0.50 mean?
A reading of 0.50 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/mas-vs-nnbr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mas-vs-nnbr/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MAS correlations · NNBR correlations
