MHK vs TOL: Correlation
Measured on weekly returns over the past three years, Mohawk Industries, Inc. (MHK) and Toll Brothers, Inc. (TOL) carry a correlation of 0.72, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MHK and TOL?
On 3 years of weekly data the MHK/TOL correlation comes out at 0.72, strong. Little has changed lately, as the 1-year reading of 0.75 lands near the 3-year figure. The 5-year figure is 0.70, and annualized covariance runs at 992.4 %².
Few assets follow MHK as closely as TOL, which ranks #3 of 27 tracked partners. The trailing year gives TOL the advantage: -1.8% versus +6.0%, a 7.8-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.
MHK vs TOL: side by side
| MHK (Mohawk Industries, Inc.) | TOL (Toll Brothers, Inc.) | |
|---|---|---|
| 1-year return | -1.8% | +6.0% |
| 5-year return | -35.8% | +139.9% |
| Volatility (ann.) | 39.3% | 34.9% |
| Beta vs S&P 500 | 1.13 | 1.14 |
| Max drawdown (3Y) | -42.0% | -46.0% |
| Market cap | $8.8B | $13.4B |
| P/E (trailing) | 17.5 | 11.9 |
| Dividend yield | 0.00% | 0.69% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MHK | TOL |
|---|---|---|
| 2022 | -43.9% | -30.0% |
| 2023 | +1.3% | +108.6% |
| 2024 | +15.1% | +23.4% |
| 2025 | -8.3% | +8.3% |
| 2026 | +18.8% | +7.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MHK and TOL good diversifiers for each other?
Only partially. A correlation of 0.72 means MHK and TOL 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 TOL?
Using weekly returns as of 2026-08-27: 0.72 over 3 years, with 0.75 over the last year and 0.70 over 5 years.
Is TOL a good diversifier for MHK?
Only partially. A correlation of 0.72 means MHK and TOL share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.72 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/mhk-vs-tol.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mhk-vs-tol/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MHK correlations · TOL correlations
