RUSHB vs UFPI: Correlation
How closely do Rush Enterprises, Inc. (RUSHB) and UFP Industries, Inc. (UFPI) trade together? Their weekly returns over three years give a correlation of 0.63, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RUSHB and UFPI?
On 3 years of weekly data the RUSHB/UFPI correlation comes out at 0.63, strong. The relationship has been stable: the 1-year correlation (0.66) sits close to the 3-year figure. The 5-year figure is 0.58, and annualized covariance runs at 574.1 %².
By 3-year correlation, UFPI places #4 of the 16 assets tracked against RUSHB. Their recent paths diverged sharply: over the last 12 months RUSHB outperformed by 47.7 percentage points (+31.6% for RUSHB 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.
RUSHB vs UFPI: side by side
| RUSHB (Rush Enterprises, Inc.) | UFPI (UFP Industries, Inc.) | |
|---|---|---|
| 1-year return | +31.6% | -16.1% |
| 5-year return | +185.6% | +16.0% |
| Volatility (ann.) | 30.8% | 29.4% |
| Beta vs S&P 500 | 0.88 | 0.82 |
| Max drawdown (3Y) | -28.5% | -41.9% |
| Market cap | $9.0B | $4.7B |
| P/E (trailing) | 23.1 | 19.7 |
| Dividend yield | 0.99% | 1.64% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RUSHB | UFPI |
|---|---|---|
| 2022 | +5.9% | -12.9% |
| 2023 | +43.4% | +60.3% |
| 2024 | +4.3% | -9.3% |
| 2025 | +4.8% | -18.0% |
| 2026 | +38.0% | -5.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RUSHB and UFPI good diversifiers for each other?
Somewhat, no more. With 0.63 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between RUSHB and UFPI?
The RUSHB/UFPI correlation stands at 0.63 on a 3-year window (1 year: 0.66, 5 years: 0.58), computed from weekly returns as of 2026-08-27.
Is UFPI a good diversifier for RUSHB?
Somewhat, no more. With 0.63 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.63 mean?
On the −1 to +1 scale, 0.63 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/rushb-vs-ufpi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rushb-vs-ufpi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RUSHB correlations · UFPI correlations
