SVC vs SWK: Correlation
Measured on weekly returns over the past three years, Service Properties Trust (SVC) and Stanley Black & Decker (SWK) carry a correlation of 0.52, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SVC and SWK?
On 3 years of weekly data the SVC/SWK correlation comes out at 0.52, moderate. The relationship has been stable: the 1-year correlation (0.46) sits close to the 3-year figure. The 5-year figure is 0.43, and annualized covariance runs at 946.4 %².
In SVC's tracked universe of 10 assets, SWK sits right near the top at #1. The last year tells two different stories: SWK led by 79.8 percentage points, -42.8% for SVC against +37.0% for SWK.
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.
SVC vs SWK: side by side
| SVC (Service Properties Trust) | SWK (Stanley Black & Decker) | |
|---|---|---|
| 1-year return | -42.8% | +37.0% |
| 5-year return | -82.5% | -39.1% |
| Volatility (ann.) | 51.8% | 35.4% |
| Beta vs S&P 500 | 1.12 | 1.19 |
| Max drawdown (3Y) | -84.7% | -48.3% |
| Market cap | $1.0B | $15.0B |
| P/E (trailing) | – | 24.4 |
| Dividend yield | 2.55% | 3.33% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | SVC | SWK |
|---|---|---|
| 2022 | -14.5% | -58.9% |
| 2023 | +29.1% | +35.6% |
| 2024 | -67.3% | -15.2% |
| 2025 | -26.3% | -3.2% |
| 2026 | -15.5% | +36.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SVC and SWK good diversifiers for each other?
To a limited degree. At 0.52 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between SVC and SWK?
The SVC/SWK correlation stands at 0.52 on a 3-year window (1 year: 0.46, 5 years: 0.43), computed from weekly returns as of 2026-08-27.
Is SWK a good diversifier for SVC?
To a limited degree. At 0.52 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.52 mean?
On the −1 to +1 scale, 0.52 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/svc-vs-swk.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/svc-vs-swk/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: SVC correlations · SWK correlations
