MAS vs SGRY: Correlation
How closely do Masco (MAS) and Surgery Partners, Inc. (SGRY) trade together? Their weekly returns over three years give a correlation of 0.50, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MAS and SGRY?
Over the past 3 years, MAS and SGRY moved with a correlation of 0.50, which is moderate. Recent behaviour matches the longer record: 0.46 over 1 year against 0.50 over 3. Over 5 years the correlation is 0.48, and the annualized covariance of weekly returns is 758.8 %².
Among the 61 assets we track against MAS, SGRY ranks #45 by 3-year correlation. The last year tells two different stories: MAS led by 38.5 percentage points, -0.5% for MAS against -39.0% for SGRY. Risk is not evenly split, since SGRY carries 1.7 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 SGRY: side by side
| MAS (Masco) | SGRY (Surgery Partners, Inc.) | |
|---|---|---|
| 1-year return | -0.5% | -39.0% |
| 5-year return | +29.1% | -71.6% |
| Volatility (ann.) | 29.6% | 51.2% |
| Beta vs S&P 500 | 0.95 | 1.30 |
| Max drawdown (3Y) | -30.9% | -69.3% |
| Market cap | $14.4B | $1.8B |
| P/E (trailing) | 17.0 | – |
| Dividend yield | 1.71% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | MAS | SGRY |
|---|---|---|
| 2022 | -32.1% | -47.8% |
| 2023 | +46.6% | +14.8% |
| 2024 | +10.0% | -33.8% |
| 2025 | -10.9% | -27.0% |
| 2026 | +16.3% | -9.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MAS and SGRY good diversifiers for each other?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between MAS and SGRY?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.46 over the last year and 0.48 over 5 years.
Is SGRY a good diversifier for MAS?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.50 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/mas-vs-sgry.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mas-vs-sgry/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MAS correlations · SGRY correlations
