RUSHA vs UFPI: Correlation
How closely do Rush Enterprises, Inc. (RUSHA) and UFP Industries, Inc. (UFPI) trade together? Their weekly returns over three years give a correlation of 0.64, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RUSHA and UFPI?
On 3 years of weekly data the RUSHA/UFPI correlation comes out at 0.64, strong. Recent behaviour matches the longer record: 0.60 over 1 year against 0.64 over 3. The 5-year figure is 0.59, and annualized covariance runs at 590.9 %².
In RUSHA's tracked universe of 13 assets, UFPI sits right near the top at #3. Their recent paths diverged sharply: over the last 12 months RUSHA outperformed by 47.9 percentage points (+31.8% for RUSHA against -16.1% for UFPI).
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.
RUSHA vs UFPI: side by side
| RUSHA (Rush Enterprises, Inc.) | UFPI (UFP Industries, Inc.) | |
|---|---|---|
| 1-year return | +31.8% | -16.1% |
| 5-year return | +177.5% | +16.0% |
| Volatility (ann.) | 31.3% | 29.4% |
| Beta vs S&P 500 | 0.93 | 0.82 |
| Max drawdown (3Y) | -26.8% | -41.9% |
| Market cap | $8.3B | $4.7B |
| P/E (trailing) | 23.2 | 19.7 |
| Dividend yield | 0.99% | 1.64% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RUSHA | UFPI |
|---|---|---|
| 2022 | -4.5% | -12.9% |
| 2023 | +46.7% | +60.3% |
| 2024 | +10.4% | -9.3% |
| 2025 | -0.2% | -18.0% |
| 2026 | +42.8% | -5.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RUSHA and UFPI good diversifiers for each other?
Only partially. A correlation of 0.64 means RUSHA and UFPI 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 RUSHA and UFPI?
Using weekly returns as of 2026-08-27: 0.64 over 3 years, with 0.60 over the last year and 0.59 over 5 years.
Is UFPI a good diversifier for RUSHA?
Only partially. A correlation of 0.64 means RUSHA and UFPI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.64 mean?
A reading of 0.64 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/rusha-vs-ufpi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rusha-vs-ufpi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RUSHA correlations · UFPI correlations
