POOL vs SITE: Correlation
How closely do Pool Corporation (POOL) and SiteOne Landscape Supply, Inc. (SITE) trade together? Their weekly returns over three years give a correlation of 0.70, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are POOL and SITE?
Across a 3-year window, the weekly returns of POOL and SITE correlate at 0.70, strong. Recent behaviour matches the longer record: 0.65 over 1 year against 0.70 over 3. Stretching to 5 years gives 0.74, with an annualized covariance of 846.2 %².
SITE is one of the assets that tracks POOL most closely: it ranks #1 out of the 16 assets we track against POOL. Over the last 12 months SITE came out ahead by 5.8 percentage points (-40.0% against -34.2%).
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 SITE: side by side
| POOL (Pool Corporation) | SITE (SiteOne Landscape Supply, Inc.) | |
|---|---|---|
| 1-year return | -40.0% | -34.2% |
| 5-year return | -59.3% | -52.8% |
| Volatility (ann.) | 32.4% | 37.2% |
| Beta vs S&P 500 | 0.80 | 1.06 |
| Max drawdown (3Y) | -56.8% | -49.5% |
| Market cap | $6.8B | $4.2B |
| P/E (trailing) | 17.1 | 26.3 |
| Dividend yield | 2.68% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | POOL | SITE |
|---|---|---|
| 2022 | -46.0% | -51.6% |
| 2023 | +33.5% | +38.5% |
| 2024 | -13.4% | -18.9% |
| 2025 | -31.8% | -5.5% |
| 2026 | -17.0% | -23.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are POOL and SITE good diversifiers for each other?
Only partially. A correlation of 0.70 means POOL and SITE share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between POOL and SITE?
Using weekly returns as of 2026-08-27: 0.70 over 3 years, with 0.65 over the last year and 0.74 over 5 years.
Is SITE a good diversifier for POOL?
Only partially. A correlation of 0.70 means POOL and SITE share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.70 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-site.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/pool-vs-site/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: POOL correlations · SITE correlations
