MHK vs WOR: Correlation
Mohawk Industries, Inc. (MHK) and Worthington Enterprises, Inc. (WOR) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MHK and WOR?
Across a 3-year window, the weekly returns of MHK and WOR correlate at 0.50, moderate. The relationship has been stable: the 1-year correlation (0.49) sits close to the 3-year figure. Stretching to 5 years gives 0.44, with an annualized covariance of 688.2 %².
Within MHK's tracked universe of 27 assets, WOR comes in at #18 by 3-year correlation. On 12-month performance MHK holds a 11.3-point edge, -1.8% against -13.1%.
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.
MHK vs WOR: side by side
| MHK (Mohawk Industries, Inc.) | WOR (Worthington Enterprises, Inc.) | |
|---|---|---|
| 1-year return | -1.8% | -13.1% |
| 5-year return | -35.8% | +73.3% |
| Volatility (ann.) | 39.3% | 34.7% |
| Beta vs S&P 500 | 1.13 | 0.83 |
| Max drawdown (3Y) | -42.0% | -42.4% |
| Market cap | $8.8B | $2.8B |
| P/E (trailing) | 17.5 | 18.5 |
| Dividend yield | 0.00% | 1.31% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MHK | WOR |
|---|---|---|
| 2022 | -43.9% | -6.9% |
| 2023 | +1.3% | +91.6% |
| 2024 | +15.1% | -29.3% |
| 2025 | -8.3% | +30.3% |
| 2026 | +18.8% | +12.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MHK and WOR good diversifiers for each other?
To a limited degree. At 0.50 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 MHK and WOR?
The MHK/WOR correlation stands at 0.50 on a 3-year window (1 year: 0.49, 5 years: 0.44), computed from weekly returns as of 2026-08-27.
Is WOR a good diversifier for MHK?
To a limited degree. At 0.50 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 0.50 mean?
A reading of 0.50 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-wor.json
Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: MHK correlations · WOR correlations
