MAS vs SKY: Correlation
Measured on weekly returns over the past three years, Masco (MAS) and Champion Homes, Inc. (SKY) carry a correlation of 0.61, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MAS and SKY?
On 3 years of weekly data the MAS/SKY correlation comes out at 0.61, strong. The relationship has been stable: the 1-year correlation (0.64) sits close to the 3-year figure. The 5-year figure is 0.63, and annualized covariance runs at 818.8 %².
Among the 61 assets we track against MAS, SKY ranks #33 by 3-year correlation. The last year tells two different stories: SKY led by 21.0 percentage points, -0.5% for MAS against +20.5% for SKY. Risk is not evenly split, since SKY carries 1.5 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 SKY: side by side
| MAS (Masco) | SKY (Champion Homes, Inc.) | |
|---|---|---|
| 1-year return | -0.5% | +20.5% |
| 5-year return | +29.1% | +41.8% |
| Volatility (ann.) | 29.6% | 45.3% |
| Beta vs S&P 500 | 0.95 | 1.01 |
| Max drawdown (3Y) | -30.9% | -44.6% |
| Market cap | $14.4B | $4.9B |
| P/E (trailing) | 17.0 | 26.6 |
| Dividend yield | 1.71% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | MAS | SKY |
|---|---|---|
| 2022 | -32.1% | -34.8% |
| 2023 | +46.6% | +44.2% |
| 2024 | +10.0% | +18.6% |
| 2025 | -10.9% | -4.1% |
| 2026 | +16.3% | +6.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MAS and SKY good diversifiers for each other?
To a limited degree. At 0.61 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 SKY?
The MAS/SKY correlation stands at 0.61 on a 3-year window (1 year: 0.64, 5 years: 0.63), computed from weekly returns as of 2026-08-27.
Is SKY a good diversifier for MAS?
To a limited degree. At 0.61 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 0.61 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-sky.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mas-vs-sky/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MAS correlations · SKY correlations
