PRMB vs TREX: Correlation
Primo Brands Corporation (PRMB) and Trex Company, Inc. (TREX) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PRMB and TREX?
On 3 years of weekly data the PRMB/TREX correlation comes out at 0.45, moderate. The past 12 months show a tighter link (0.69) than the 3-year average (0.45). The 5-year figure is 0.41, and annualized covariance runs at 816.3 %².
In PRMB's tracked universe of 14 assets, TREX sits right near the top at #1. Correlation aside, the last 12 months split them widely, with PRMB ahead by 17.4 points (-9.9% versus -27.3%).
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.
PRMB vs TREX: side by side
| PRMB (Primo Brands Corporation) | TREX (Trex Company, Inc.) | |
|---|---|---|
| 1-year return | -9.9% | -27.3% |
| 5-year return | +43.1% | -58.7% |
| Volatility (ann.) | 39.7% | 45.3% |
| Beta vs S&P 500 | 0.62 | 1.48 |
| Max drawdown (3Y) | -59.1% | -69.9% |
| Market cap | $8.1B | $4.7B |
| P/E (trailing) | 77.4 | 27.4 |
| Dividend yield | 1.91% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PRMB | TREX |
|---|---|---|
| 2022 | -10.1% | -68.7% |
| 2023 | -0.9% | +95.6% |
| 2024 | +114.6% | -16.6% |
| 2025 | -46.0% | -49.2% |
| 2026 | +39.4% | +31.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PRMB and TREX good diversifiers for each other?
Reasonably. At 0.45, PRMB and TREX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between PRMB and TREX?
As of 2026-08-27, the correlation of weekly returns between PRMB and TREX is 0.45 over 3 years, 0.69 over 1 year and 0.41 over 5 years.
Is TREX a good diversifier for PRMB?
Reasonably. At 0.45, PRMB and TREX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.45 mean?
On the −1 to +1 scale, 0.45 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/prmb-vs-trex.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/prmb-vs-trex/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PRMB correlations · TREX correlations
