NVR vs TSCO: Correlation
How closely do NVR, Inc. (NVR) and Tractor Supply (TSCO) trade together? Their weekly returns over three years give a correlation of 0.47, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NVR and TSCO?
Across a 3-year window, the weekly returns of NVR and TSCO correlate at 0.47, moderate. Little has changed lately, as the 1-year reading of 0.52 lands near the 3-year figure. Stretching to 5 years gives 0.42, with an annualized covariance of 314.7 %².
Among the 38 assets we track against NVR, TSCO ranks #20 by 3-year correlation. The last year tells two different stories: NVR led by 22.2 percentage points, -20.8% for NVR against -43.0% for TSCO. Across three years, the rolling one-year figure varied moderately, from 0.24 to 0.66.
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.
NVR vs TSCO: side by side
| NVR (NVR, Inc.) | TSCO (Tractor Supply) | |
|---|---|---|
| 1-year return | -20.8% | -43.0% |
| 5-year return | +24.2% | -1.7% |
| Volatility (ann.) | 23.4% | 28.5% |
| Beta vs S&P 500 | 0.53 | 0.67 |
| Max drawdown (3Y) | -43.9% | -52.7% |
| Market cap | $17.0B | $18.1B |
| P/E (trailing) | 16.6 | 18.3 |
| Dividend yield | 0.00% | 2.68% |
| Sector / category | Consumer Discretionary | Consumer Discretionary |
Year-by-year returns
| Year | NVR | TSCO |
|---|---|---|
| 2022 | -21.9% | -4.0% |
| 2023 | +51.8% | -2.6% |
| 2024 | +16.8% | +25.4% |
| 2025 | -10.8% | -4.2% |
| 2026 | -12.7% | -29.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NVR and TSCO good diversifiers for each other?
Reasonably. At 0.47, NVR and TSCO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between NVR and TSCO?
The NVR/TSCO correlation stands at 0.47 on a 3-year window (1 year: 0.52, 5 years: 0.42), computed from weekly returns as of 2026-08-27.
Is TSCO a good diversifier for NVR?
Reasonably. At 0.47, NVR and TSCO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.47 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/nvr-vs-tsco.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/nvr-vs-tsco/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: NVR correlations · TSCO correlations
