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MAS vs ROCK: Correlation

How closely do Masco (MAS) and Gibraltar Industries, Inc. (ROCK) trade together? Their weekly returns over three years give a correlation of 0.64, which is strong.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.64
strong
Correlation (1Y)
0.63
last 12 months
Correlation (5Y)
0.57
long-run
Ann. covariance
743.1
%² · weekly, annualized

How correlated are MAS and ROCK?

On 3 years of weekly data the MAS/ROCK correlation comes out at 0.64, strong. Recent behaviour matches the longer record: 0.63 over 1 year against 0.64 over 3. The 5-year figure is 0.57, and annualized covariance runs at 743.1 %².

Among the 61 assets we track against MAS, ROCK ranks #28 by 3-year correlation. Correlation aside, the last 12 months split them widely, with MAS ahead by 28.5 points (-0.5% versus -29.0%).

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 ROCK: side by side

MAS (Masco)ROCK (Gibraltar Industries, Inc.)
1-year return-0.5%-29.0%
5-year return+29.1%-39.2%
Volatility (ann.)29.6%39.2%
Beta vs S&P 5000.951.19
Max drawdown (3Y)-30.9%-61.2%
Market cap$14.4B$1.4B
P/E (trailing)17.022.9
Dividend yield1.71%0.00%
Sector / categoryIndustrialsUS Listed
Lower P/E: MAS 17.0 vs 22.9Higher yield: MAS 1.71% vs 0.00%Smaller drawdown: MAS -30.9% vs -61.2%Higher 5y return: MAS +29.1% vs -39.2%
-43%0%+10%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. MAS · ROCK

Year-by-year returns

YearMASROCK
2022-32.1%-31.2%
2023+46.6%+72.1%
2024+10.0%-25.4%
2025-10.9%-16.1%
2026+16.3%-7.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are MAS and ROCK good diversifiers for each other?

Only partially. A correlation of 0.64 means MAS and ROCK 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 MAS and ROCK?

Using weekly returns as of 2026-08-27: 0.64 over 3 years, with 0.63 over the last year and 0.57 over 5 years.

Is ROCK a good diversifier for MAS?

Only partially. A correlation of 0.64 means MAS and ROCK share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

What does a correlation of 0.64 mean?

On the −1 to +1 scale, 0.64 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.

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MAS vs ROCK: 3-year weekly correlation 0.64MAS vs ROCK0.64

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Related comparisons

Hubs: MAS correlations · ROCK correlations