SMG vs TOL: Correlation
How closely do Scotts Miracle-Gro Company (The) (SMG) and Toll Brothers, Inc. (TOL) trade together? Their weekly returns over three years give a correlation of 0.52, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SMG and TOL?
Over the past 3 years, SMG and TOL moved with a correlation of 0.52, which is moderate. Recent behaviour matches the longer record: 0.61 over 1 year against 0.52 over 3. Over 5 years the correlation is 0.47, and the annualized covariance of weekly returns is 701.2 %².
Among the 12 assets we track against SMG, TOL ranks #5 by 3-year correlation. Neither side won the trailing year by much: +1.8% against +6.0%.
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.
SMG vs TOL: side by side
| SMG (Scotts Miracle-Gro Company (The)) | TOL (Toll Brothers, Inc.) | |
|---|---|---|
| 1-year return | +1.8% | +6.0% |
| 5-year return | -53.4% | +139.9% |
| Volatility (ann.) | 38.9% | 34.9% |
| Beta vs S&P 500 | 0.76 | 1.14 |
| Max drawdown (3Y) | -47.4% | -46.0% |
| Market cap | $3.5B | $13.4B |
| P/E (trailing) | 23.4 | 11.9 |
| Dividend yield | 4.30% | 0.69% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SMG | TOL |
|---|---|---|
| 2022 | -68.8% | -30.0% |
| 2023 | +36.9% | +108.6% |
| 2024 | +8.3% | +23.4% |
| 2025 | -8.0% | +8.3% |
| 2026 | +7.2% | +7.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SMG and TOL good diversifiers for each other?
Only partially. A correlation of 0.52 means SMG and TOL 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 SMG and TOL?
As of 2026-08-27, the correlation of weekly returns between SMG and TOL is 0.52 over 3 years, 0.61 over 1 year and 0.47 over 5 years.
Is TOL a good diversifier for SMG?
Only partially. A correlation of 0.52 means SMG and TOL share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.52 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/smg-vs-tol.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/smg-vs-tol/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: SMG correlations · TOL correlations
