SSTK vs TREX: Correlation
Shutterstock, Inc. (SSTK) and Trex Company, Inc. (TREX) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SSTK and TREX?
On 3 years of weekly data the SSTK/TREX correlation comes out at 0.45, moderate. The past 12 months show a weaker link (0.35) than the 3-year average (0.45). The 5-year figure is 0.45, and annualized covariance runs at 1017.6 %².
TREX is one of the assets that tracks SSTK most closely: it ranks #3 out of the 11 assets we track against SSTK. Their recent paths diverged sharply: over the last 12 months TREX outperformed by 43.8 percentage points (-71.1% for SSTK against -27.3% for TREX).
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.
SSTK vs TREX: side by side
| SSTK (Shutterstock, Inc.) | TREX (Trex Company, Inc.) | |
|---|---|---|
| 1-year return | -71.1% | -27.3% |
| 5-year return | -94.3% | -58.7% |
| Volatility (ann.) | 50.0% | 45.3% |
| Beta vs S&P 500 | 1.21 | 1.48 |
| Max drawdown (3Y) | -88.2% | -69.9% |
| Market cap | $0.2B | $4.7B |
| P/E (trailing) | – | 27.4 |
| Dividend yield | 24.91% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SSTK | TREX |
|---|---|---|
| 2022 | -51.7% | -68.7% |
| 2023 | -6.4% | +95.6% |
| 2024 | -35.1% | -16.6% |
| 2025 | -32.7% | -49.2% |
| 2026 | -69.9% | +31.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SSTK and TREX good diversifiers for each other?
Reasonably. At 0.45, SSTK and TREX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between SSTK and TREX?
As of 2026-08-27, the correlation of weekly returns between SSTK and TREX is 0.45 over 3 years, 0.35 over 1 year and 0.45 over 5 years.
Is TREX a good diversifier for SSTK?
Reasonably. At 0.45, SSTK and TREX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.45 mean?
A reading of 0.45 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/sstk-vs-trex.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/sstk-vs-trex/)
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Related comparisons
Hubs: SSTK correlations · TREX correlations
