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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

Correlation (3Y)
0.58
moderate
Correlation (1Y)
0.64
last 12 months
Correlation (5Y)
0.45
long-run
Ann. covariance
532.3
%² · weekly, annualized

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 5000.800.63
Max drawdown (3Y)-56.8%-42.0%
Market cap$6.8B$5.4B
P/E (trailing)17.1
Dividend yield2.68%1.89%
Sector / categoryUS ListedUS Listed
Higher yield: POOL 2.68% vs 1.89%Smaller drawdown: WFG -42.0% vs -56.8%Higher 5y return: WFG -6.2% vs -59.3%
-46%0%+1%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). POOL · WFG

Year-by-year returns

YearPOOLWFG
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.

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POOL vs WFG: 3-year weekly correlation 0.58POOL vs WFG0.58

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Related comparisons

Hubs: POOL correlations · WFG correlations