POOL vs SHW: Correlation
How closely do Pool Corporation (POOL) and Sherwin-Williams (SHW) trade together? Their weekly returns over three years give a correlation of 0.69, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are POOL and SHW?
On 3 years of weekly data the POOL/SHW correlation comes out at 0.69, strong. The relationship has been stable: the 1-year correlation (0.69) sits close to the 3-year figure. The 5-year figure is 0.64, and annualized covariance runs at 548.3 %².
In POOL's tracked universe of 16 assets, SHW sits right near the top at #2. Correlation aside, the last 12 months split them widely, with SHW ahead by 34.9 points (-40.0% versus -5.1%).
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 SHW: side by side
| POOL (Pool Corporation) | SHW (Sherwin-Williams) | |
|---|---|---|
| 1-year return | -40.0% | -5.1% |
| 5-year return | -59.3% | +18.3% |
| Volatility (ann.) | 32.4% | 24.6% |
| Beta vs S&P 500 | 0.80 | 0.79 |
| Max drawdown (3Y) | -56.8% | -25.7% |
| Market cap | $6.8B | $83.8B |
| P/E (trailing) | 17.1 | 31.8 |
| Dividend yield | 2.68% | 0.91% |
| Sector / category | US Listed | Materials |
Year-by-year returns
| Year | POOL | SHW |
|---|---|---|
| 2022 | -46.0% | -32.0% |
| 2023 | +33.5% | +32.7% |
| 2024 | -13.4% | +9.9% |
| 2025 | -31.8% | -3.8% |
| 2026 | -17.0% | +7.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are POOL and SHW good diversifiers for each other?
Somewhat, no more. With 0.69 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between POOL and SHW?
Using weekly returns as of 2026-08-27: 0.69 over 3 years, with 0.69 over the last year and 0.64 over 5 years.
Is SHW a good diversifier for POOL?
Somewhat, no more. With 0.69 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.69 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/pool-vs-shw.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/pool-vs-shw/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: POOL correlations · SHW correlations
