PATK vs WSM: Correlation
Patrick Industries, Inc. (PATK) and Williams-Sonoma, Inc. (WSM) show a moderate relationship: their 3-year correlation of weekly returns is 0.53.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PATK and WSM?
Across a 3-year window, the weekly returns of PATK and WSM correlate at 0.53, moderate. The relationship has been stable: the 1-year correlation (0.61) sits close to the 3-year figure. Stretching to 5 years gives 0.50, with an annualized covariance of 811.2 %².
Within PATK's tracked universe of 16 assets, WSM comes in at #9 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months WSM outperformed by 51.6 percentage points (-25.8% for PATK against +25.8% for WSM).
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.
PATK vs WSM: side by side
| PATK (Patrick Industries, Inc.) | WSM (Williams-Sonoma, Inc.) | |
|---|---|---|
| 1-year return | -25.8% | +25.8% |
| 5-year return | +62.2% | +182.0% |
| Volatility (ann.) | 35.5% | 43.0% |
| Beta vs S&P 500 | 1.04 | 1.33 |
| Max drawdown (3Y) | -42.9% | -36.8% |
| Market cap | $2.7B | $28.1B |
| P/E (trailing) | 19.9 | 24.4 |
| Dividend yield | 2.16% | 0.56% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | PATK | WSM |
|---|---|---|
| 2022 | -23.1% | -30.5% |
| 2023 | +69.6% | +80.2% |
| 2024 | +26.5% | +86.6% |
| 2025 | +32.7% | -2.1% |
| 2026 | -22.3% | +34.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PATK and WSM good diversifiers for each other?
To a limited degree. At 0.53 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 PATK and WSM?
The PATK/WSM correlation stands at 0.53 on a 3-year window (1 year: 0.61, 5 years: 0.50), computed from weekly returns as of 2026-08-27.
Is WSM a good diversifier for PATK?
To a limited degree. At 0.53 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 0.53 mean?
A reading of 0.53 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/patk-vs-wsm.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/patk-vs-wsm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PATK correlations · WSM correlations
