MBUU vs WGO: Correlation
Malibu Boats, Inc. (MBUU) and Winnebago Industries, Inc. (WGO) show a strong relationship: their 3-year correlation of weekly returns is 0.63.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MBUU and WGO?
On 3 years of weekly data the MBUU/WGO correlation comes out at 0.63, strong. Little has changed lately, as the 1-year reading of 0.63 lands near the 3-year figure. The 5-year figure is 0.63, and annualized covariance runs at 1169.8 %².
Few assets follow MBUU as closely as WGO, which ranks #3 of 13 tracked partners. The trailing year gives WGO the advantage: -27.1% versus -13.3%, a 13.8-point spread.
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.
MBUU vs WGO: side by side
| MBUU (Malibu Boats, Inc.) | WGO (Winnebago Industries, Inc.) | |
|---|---|---|
| 1-year return | -27.1% | -13.3% |
| 5-year return | -62.1% | -52.5% |
| Volatility (ann.) | 42.9% | 43.3% |
| Beta vs S&P 500 | 0.96 | 1.09 |
| Max drawdown (3Y) | -57.0% | -60.5% |
| Market cap | $0.6B | $0.9B |
| P/E (trailing) | – | 22.3 |
| Dividend yield | 0.00% | 4.51% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MBUU | WGO |
|---|---|---|
| 2022 | -22.5% | -28.7% |
| 2023 | +2.9% | +40.9% |
| 2024 | -31.4% | -33.1% |
| 2025 | -25.0% | -11.9% |
| 2026 | +2.1% | -22.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MBUU and WGO good diversifiers for each other?
To a limited degree. At 0.63 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 MBUU and WGO?
The MBUU/WGO correlation stands at 0.63 on a 3-year window (1 year: 0.63, 5 years: 0.63), computed from weekly returns as of 2026-08-27.
Is WGO a good diversifier for MBUU?
To a limited degree. At 0.63 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 0.63 mean?
A reading of 0.63 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
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Related comparisons
Hubs: MBUU correlations · WGO correlations
