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SVV vs TREX: Correlation

Savers Value Village, Inc. (SVV) and Trex Company, Inc. (TREX) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.41
moderate
Correlation (1Y)
0.50
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
1024.0
%² · weekly, annualized

How correlated are SVV and TREX?

Over the past 3 years, SVV and TREX moved with a correlation of 0.41, which is moderate. The relationship has been stable: the 1-year correlation (0.50) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 1024.0 %².

In SVV's tracked universe of 11 assets, TREX sits right near the top at #3. Their recent paths diverged sharply: over the last 12 months SVV outperformed by 17.9 percentage points (-9.4% for SVV 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.

SVV vs TREX: side by side

SVV (Savers Value Village, Inc.)TREX (Trex Company, Inc.)
1-year return-9.4%-27.3%
5-year returnn/a-58.7%
Volatility (ann.)55.5%45.3%
Beta vs S&P 5000.871.48
Max drawdown (3Y)-73.6%-69.9%
Market cap$1.6B$4.7B
P/E (trailing)70.227.4
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: TREX 27.4 vs 70.2Smaller drawdown: TREX -69.9% vs -73.6%
-52%0%+9%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. SVV · TREX

Year-by-year returns

YearSVVTREX
2022-68.7%
2023+95.6%
2024-41.0%-16.6%
2025-8.9%-49.2%
2026+12.7%+31.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are SVV and TREX good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between SVV and TREX?

The SVV/TREX correlation stands at 0.41 on a 3-year window (1 year: 0.50, 5 years: n/a), computed from weekly returns as of 2026-08-27.

Is TREX a good diversifier for SVV?

Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.41 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

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SVV vs TREX: 3-year weekly correlation 0.41SVV vs TREX0.41

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Related comparisons

Hubs: SVV correlations · TREX correlations