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POOL vs SCHL: Correlation

How closely do Pool Corporation (POOL) and Scholastic Corporation (SCHL) trade together? Their weekly returns over three years give a correlation of 0.39, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.39
moderate
Correlation (1Y)
0.37
last 12 months
Correlation (5Y)
0.25
long-run
Ann. covariance
546.2
%² · weekly, annualized

How correlated are POOL and SCHL?

Across a 3-year window, the weekly returns of POOL and SCHL correlate at 0.39, moderate. Little has changed lately, as the 1-year reading of 0.37 lands near the 3-year figure. Stretching to 5 years gives 0.25, with an annualized covariance of 546.2 %².

By 3-year correlation, SCHL places #11 of the 16 assets tracked against POOL. The last year tells two different stories: SCHL led by 95.1 percentage points, -40.0% for POOL against +55.1% for SCHL.

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.

POOL vs SCHL: side by side

POOL (Pool Corporation)SCHL (Scholastic Corporation)
1-year return-40.0%+55.1%
5-year return-59.3%+32.0%
Volatility (ann.)32.4%43.5%
Beta vs S&P 5000.800.79
Max drawdown (3Y)-56.8%-62.3%
Market cap$6.8B$0.7B
P/E (trailing)17.117.1
Dividend yield2.68%2.00%
Sector / categoryUS ListedUS Listed
Higher yield: POOL 2.68% vs 2.00%Smaller drawdown: POOL -56.8% vs -62.3%Higher 5y return: SCHL +32.0% vs -59.3%
-46%0%+83%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). POOL · SCHL

Year-by-year returns

YearPOOLSCHL
2022-46.0%+0.5%
2023+33.5%-2.5%
2024-13.4%-42.0%
2025-31.8%+44.0%
2026-17.0%+33.4%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are POOL and SCHL good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between POOL and SCHL?

Using weekly returns as of 2026-08-27: 0.39 over 3 years, with 0.37 over the last year and 0.25 over 5 years.

Is SCHL a good diversifier for POOL?

Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined 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

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POOL vs SCHL: 3-year weekly correlation 0.39POOL vs SCHL0.39

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Related comparisons

Hubs: POOL correlations · SCHL correlations