PLBY vs TREX: Correlation
Measured on weekly returns over the past three years, Playboy, Inc. (PLBY) and Trex Company, Inc. (TREX) carry a correlation of 0.39, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PLBY and TREX?
Across a 3-year window, the weekly returns of PLBY and TREX correlate at 0.39, moderate. The relationship has been stable: the 1-year correlation (0.32) sits close to the 3-year figure. Stretching to 5 years gives 0.40, with an annualized covariance of 1551.1 %².
Within PLBY's tracked universe of 11 assets, TREX comes in at #5 by 3-year correlation. Twelve-month performance is nearly a tie, at -28.6% for PLBY and -27.3% for TREX. Risk is not evenly split, since PLBY carries 1.9 times the volatility of the other side.
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.
PLBY vs TREX: side by side
| PLBY (Playboy, Inc.) | TREX (Trex Company, Inc.) | |
|---|---|---|
| 1-year return | -28.6% | -27.3% |
| 5-year return | -95.1% | -58.7% |
| Volatility (ann.) | 87.2% | 45.3% |
| Beta vs S&P 500 | 1.39 | 1.48 |
| Max drawdown (3Y) | -66.5% | -69.9% |
| Market cap | $0.1B | $4.7B |
| P/E (trailing) | 60.0 | 27.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PLBY | TREX |
|---|---|---|
| 2022 | -89.7% | -68.7% |
| 2023 | -63.6% | +95.6% |
| 2024 | +46.0% | -16.6% |
| 2025 | +28.8% | -49.2% |
| 2026 | -36.2% | +31.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PLBY and TREX good diversifiers for each other?
Reasonably. At 0.39, PLBY and TREX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between PLBY and TREX?
The PLBY/TREX correlation stands at 0.39 on a 3-year window (1 year: 0.32, 5 years: 0.40), computed from weekly returns as of 2026-08-27.
Is TREX a good diversifier for PLBY?
Reasonably. At 0.39, PLBY and TREX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.39 mean?
A reading of 0.39 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/plby-vs-trex.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/plby-vs-trex/)
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Related comparisons
Hubs: PLBY correlations · TREX correlations
