MDRR vs WY: Correlation
Measured on weekly returns over the past three years, Medalist Diversified, Inc. (MDRR) and Weyerhaeuser (WY) carry a correlation of -0.14, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MDRR and WY?
Over the past 3 years, MDRR and WY moved with a correlation of -0.14, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.01) runs above the 3-year figure (-0.14). Over 5 years the correlation is -0.01, and the annualized covariance of weekly returns is -95.5 %².
Within MDRR's tracked universe of 36 assets, WY comes in at #9 by 3-year correlation. On 12-month performance MDRR holds a 10.9-point edge, +4.8% against -6.1%.
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.
MDRR vs WY: side by side
| MDRR (Medalist Diversified, Inc.) | WY (Weyerhaeuser) | |
|---|---|---|
| 1-year return | +4.8% | -6.1% |
| 5-year return | -31.3% | -19.5% |
| Volatility (ann.) | 28.1% | 24.8% |
| Beta vs S&P 500 | -0.02 | 0.64 |
| Max drawdown (3Y) | -29.5% | -38.0% |
| Market cap | – | $17.1B |
| P/E (trailing) | 3.1 | 36.5 |
| Dividend yield | 2.21% | 3.49% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | MDRR | WY |
|---|---|---|
| 2022 | -37.3% | -20.4% |
| 2023 | -4.0% | +18.0% |
| 2024 | +28.6% | -16.6% |
| 2025 | -5.5% | -13.0% |
| 2026 | -0.7% | +1.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MDRR and WY good diversifiers for each other?
Yes: at -0.14, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between MDRR and WY?
As of 2026-08-27, the correlation of weekly returns between MDRR and WY is -0.14 over 3 years, 0.01 over 1 year and -0.01 over 5 years.
Is WY a good diversifier for MDRR?
Yes: at -0.14, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.14 mean?
On the −1 to +1 scale, -0.14 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/mdrr-vs-wy.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mdrr-vs-wy/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MDRR correlations · WY correlations
