POOL vs WFG: Correlation
Measured on weekly returns over the past three years, Pool Corporation (POOL) and West Fraser Timber Co. Ltd (WFG) carry a correlation of 0.58, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are POOL and WFG?
On 3 years of weekly data the POOL/WFG correlation comes out at 0.58, moderate. Recent behaviour matches the longer record: 0.64 over 1 year against 0.58 over 3. The 5-year figure is 0.45, and annualized covariance runs at 532.3 %².
Within POOL's tracked universe of 16 assets, WFG comes in at #10 by 3-year correlation. Correlation aside, the last 12 months split them widely, with WFG ahead by 36.4 points (-40.0% versus -3.6%).
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 WFG: side by side
| POOL (Pool Corporation) | WFG (West Fraser Timber Co. Ltd) | |
|---|---|---|
| 1-year return | -40.0% | -3.6% |
| 5-year return | -59.3% | -6.2% |
| Volatility (ann.) | 32.4% | 28.1% |
| Beta vs S&P 500 | 0.80 | 0.63 |
| Max drawdown (3Y) | -56.8% | -42.0% |
| Market cap | $6.8B | $5.4B |
| P/E (trailing) | 17.1 | – |
| Dividend yield | 2.68% | 1.89% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | POOL | WFG |
|---|---|---|
| 2022 | -46.0% | -23.1% |
| 2023 | +33.5% | +20.3% |
| 2024 | -13.4% | +2.6% |
| 2025 | -31.8% | -28.8% |
| 2026 | -17.0% | +14.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are POOL and WFG good diversifiers for each other?
Only partially. A correlation of 0.58 means POOL and WFG 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 WFG?
The POOL/WFG correlation stands at 0.58 on a 3-year window (1 year: 0.64, 5 years: 0.45), computed from weekly returns as of 2026-08-27.
Is WFG a good diversifier for POOL?
Only partially. A correlation of 0.58 means POOL and WFG share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.58 mean?
A reading of 0.58 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/pool-vs-wfg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/pool-vs-wfg/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: POOL correlations · WFG correlations