NVR vs WSM: Correlation
How closely do NVR, Inc. (NVR) and Williams-Sonoma, Inc. (WSM) trade together? Their weekly returns over three years give a correlation of 0.43, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NVR and WSM?
Across a 3-year window, the weekly returns of NVR and WSM correlate at 0.43, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.75 versus 0.43 over 3 years. Stretching to 5 years gives 0.42, with an annualized covariance of 430.5 %².
Within NVR's tracked universe of 38 assets, WSM comes in at #22 by 3-year correlation. Correlation aside, the last 12 months split them widely, with WSM ahead by 46.6 points (-20.8% versus +25.8%). The relationship is regime-dependent: the rolling one-year correlation swung between 0.15 and 0.75 over the past three years, so this pair behaves very differently depending on the market environment. Note the risk asymmetry: WSM runs 1.8 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 WSM: side by side
| NVR (NVR, Inc.) | WSM (Williams-Sonoma, Inc.) | |
|---|---|---|
| 1-year return | -20.8% | +25.8% |
| 5-year return | +24.2% | +182.0% |
| Volatility (ann.) | 23.4% | 43.0% |
| Beta vs S&P 500 | 0.53 | 1.33 |
| Max drawdown (3Y) | -43.9% | -36.8% |
| Market cap | $17.0B | $28.1B |
| P/E (trailing) | 16.6 | 24.4 |
| Dividend yield | 0.00% | 0.56% |
| Sector / category | Consumer Discretionary | Consumer Discretionary |
Year-by-year returns
| Year | NVR | WSM |
|---|---|---|
| 2022 | -21.9% | -30.5% |
| 2023 | +51.8% | +80.2% |
| 2024 | +16.8% | +86.6% |
| 2025 | -10.8% | -2.1% |
| 2026 | -12.7% | +34.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NVR and WSM good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between NVR and WSM?
As of 2026-08-27, the correlation of weekly returns between NVR and WSM is 0.43 over 3 years, 0.75 over 1 year and 0.42 over 5 years.
Is WSM a good diversifier for NVR?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.43 mean?
A reading of 0.43 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/nvr-vs-wsm.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/nvr-vs-wsm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: NVR correlations · WSM correlations
