MHK vs TILE: Correlation
Mohawk Industries, Inc. (MHK) and Interface, Inc. (TILE) show a strong relationship: their 3-year correlation of weekly returns is 0.61.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MHK and TILE?
Across a 3-year window, the weekly returns of MHK and TILE correlate at 0.61, strong. The link has tightened recently: the 1-year correlation (0.78) runs above the 3-year figure (0.61). Stretching to 5 years gives 0.60, with an annualized covariance of 985.8 %².
Within MHK's tracked universe of 27 assets, TILE comes in at #12 by 3-year correlation. The last year tells two different stories: TILE led by 42.1 percentage points, -1.8% for MHK against +40.3% for TILE.
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.
MHK vs TILE: side by side
| MHK (Mohawk Industries, Inc.) | TILE (Interface, Inc.) | |
|---|---|---|
| 1-year return | -1.8% | +40.3% |
| 5-year return | -35.8% | +167.4% |
| Volatility (ann.) | 39.3% | 40.8% |
| Beta vs S&P 500 | 1.13 | 0.93 |
| Max drawdown (3Y) | -42.0% | -33.6% |
| Market cap | $8.8B | $2.2B |
| P/E (trailing) | 17.5 | 15.7 |
| Dividend yield | 0.00% | 0.26% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MHK | TILE |
|---|---|---|
| 2022 | -43.9% | -37.9% |
| 2023 | +1.3% | +28.5% |
| 2024 | +15.1% | +93.4% |
| 2025 | -8.3% | +14.9% |
| 2026 | +18.8% | +36.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MHK and TILE good diversifiers for each other?
Only partially. A correlation of 0.61 means MHK and TILE 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 MHK and TILE?
As of 2026-08-27, the correlation of weekly returns between MHK and TILE is 0.61 over 3 years, 0.78 over 1 year and 0.60 over 5 years.
Is TILE a good diversifier for MHK?
Only partially. A correlation of 0.61 means MHK and TILE share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.61 mean?
A reading of 0.61 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
$ curl https://www.pairbook.io/api/v1/pairs/mhk-vs-tile.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mhk-vs-tile/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MHK correlations · TILE correlations
