SNA vs TOL: Correlation
Snap-on (SNA) and Toll Brothers, Inc. (TOL) show a moderate relationship: their 3-year correlation of weekly returns is 0.56.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SNA and TOL?
Across a 3-year window, the weekly returns of SNA and TOL correlate at 0.56, moderate. Little has changed lately, as the 1-year reading of 0.65 lands near the 3-year figure. Stretching to 5 years gives 0.55, with an annualized covariance of 412.3 %².
Within SNA's tracked universe of 34 assets, TOL comes in at #13 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months SNA outperformed by 17.1 percentage points (+23.1% for SNA against +6.0% for TOL). Risk is not evenly split, since TOL carries 1.6 times the volatility of the other side.
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.
SNA vs TOL: side by side
| SNA (Snap-on) | TOL (Toll Brothers, Inc.) | |
|---|---|---|
| 1-year return | +23.1% | +6.0% |
| 5-year return | +99.6% | +139.9% |
| Volatility (ann.) | 21.3% | 34.9% |
| Beta vs S&P 500 | 0.70 | 1.14 |
| Max drawdown (3Y) | -20.8% | -46.0% |
| Market cap | $20.5B | $13.4B |
| P/E (trailing) | 20.2 | 11.9 |
| Dividend yield | 2.38% | 0.69% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | SNA | TOL |
|---|---|---|
| 2022 | +8.9% | -30.0% |
| 2023 | +29.7% | +108.6% |
| 2024 | +20.7% | +23.4% |
| 2025 | +4.3% | +8.3% |
| 2026 | +17.1% | +7.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SNA and TOL good diversifiers for each other?
Only partially. A correlation of 0.56 means SNA 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 SNA and TOL?
Using weekly returns as of 2026-08-27: 0.56 over 3 years, with 0.65 over the last year and 0.55 over 5 years.
Is TOL a good diversifier for SNA?
Only partially. A correlation of 0.56 means SNA 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 0.56 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/sna-vs-tol.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/sna-vs-tol/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: SNA correlations · TOL correlations
