SSD vs WOR: Correlation
Simpson Manufacturing Company, Inc. (SSD) and Worthington Enterprises, Inc. (WOR) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SSD and WOR?
Over the past 3 years, SSD and WOR moved with a correlation of 0.50, which is moderate. Little has changed lately, as the 1-year reading of 0.47 lands near the 3-year figure. Over 5 years the correlation is 0.49, and the annualized covariance of weekly returns is 510.3 %².
Within SSD's tracked universe of 18 assets, WOR comes in at #13 by 3-year correlation. Over the last 12 months SSD came out ahead by 7.8 percentage points (-5.3% against -13.1%).
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.
SSD vs WOR: side by side
| SSD (Simpson Manufacturing Company, Inc.) | WOR (Worthington Enterprises, Inc.) | |
|---|---|---|
| 1-year return | -5.3% | -13.1% |
| 5-year return | +65.7% | +73.3% |
| Volatility (ann.) | 29.5% | 34.7% |
| Beta vs S&P 500 | 0.89 | 0.83 |
| Max drawdown (3Y) | -34.4% | -42.4% |
| Market cap | $7.5B | $2.8B |
| P/E (trailing) | 20.3 | 18.5 |
| Dividend yield | 0.63% | 1.31% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SSD | WOR |
|---|---|---|
| 2022 | -35.6% | -6.9% |
| 2023 | +125.4% | +91.6% |
| 2024 | -15.7% | -29.3% |
| 2025 | -1.9% | +30.3% |
| 2026 | +13.6% | +12.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SSD and WOR good diversifiers for each other?
Only partially. A correlation of 0.50 means SSD and WOR 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 SSD and WOR?
As of 2026-08-27, the correlation of weekly returns between SSD and WOR is 0.50 over 3 years, 0.47 over 1 year and 0.49 over 5 years.
Is WOR a good diversifier for SSD?
Only partially. A correlation of 0.50 means SSD and WOR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.50 mean?
On the −1 to +1 scale, 0.50 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/ssd-vs-wor.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ssd-vs-wor/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: SSD correlations · WOR correlations
