MTEX vs ROL: Correlation
Mannatech, Incorporated (MTEX) and Rollins, Inc. (ROL) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MTEX and ROL?
Over the past 3 years, MTEX and ROL moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.37 versus -0.22 over 3 years. Over 5 years the correlation is -0.14, and the annualized covariance of weekly returns is -335.6 %².
Among the 34 assets we track against MTEX, ROL ranks #18 by 3-year correlation. Over the last 12 months MTEX came out ahead by 7.2 percentage points (-28.5% against -35.7%). One caveat on sizing: MTEX is 2.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
MTEX vs ROL: side by side
| MTEX (Mannatech, Incorporated) | ROL (Rollins, Inc.) | |
|---|---|---|
| 1-year return | -28.5% | -35.7% |
| 5-year return | -79.1% | -1.8% |
| Volatility (ann.) | 65.8% | 23.2% |
| Beta vs S&P 500 | 0.48 | 0.51 |
| Max drawdown (3Y) | -74.9% | -44.6% |
| Market cap | – | $17.3B |
| P/E (trailing) | – | 32.7 |
| Dividend yield | 0.00% | 1.94% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | MTEX | ROL |
|---|---|---|
| 2022 | -51.7% | +8.1% |
| 2023 | -53.5% | +21.2% |
| 2024 | +65.8% | +7.6% |
| 2025 | -38.6% | +31.1% |
| 2026 | -23.3% | -39.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MTEX and ROL good diversifiers for each other?
Yes. With a correlation of -0.22, MTEX and ROL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between MTEX and ROL?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.37 over the last year and -0.14 over 5 years.
Is ROL a good diversifier for MTEX?
Yes. With a correlation of -0.22, MTEX and ROL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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/mtex-vs-rol.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mtex-vs-rol/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MTEX correlations · ROL correlations
