SWK vs YETI: Correlation
How closely do Stanley Black & Decker (SWK) and YETI Holdings, Inc. (YETI) trade together? Their weekly returns over three years give a correlation of 0.55, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SWK and YETI?
Over the past 3 years, SWK and YETI moved with a correlation of 0.55, which is moderate. Little has changed lately, as the 1-year reading of 0.60 lands near the 3-year figure. Over 5 years the correlation is 0.55, and the annualized covariance of weekly returns is 771.7 %².
Within SWK's tracked universe of 55 assets, YETI comes in at #26 by 3-year correlation. The last year tells two different stories: SWK led by 21.4 percentage points, +37.0% for SWK against +15.6% for YETI.
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.
SWK vs YETI: side by side
| SWK (Stanley Black & Decker) | YETI (YETI Holdings, Inc.) | |
|---|---|---|
| 1-year return | +37.0% | +15.6% |
| 5-year return | -39.1% | -58.8% |
| Volatility (ann.) | 35.4% | 39.9% |
| Beta vs S&P 500 | 1.19 | 1.17 |
| Max drawdown (3Y) | -48.3% | -49.7% |
| Market cap | $15.0B | $3.1B |
| P/E (trailing) | 24.4 | 18.4 |
| Dividend yield | 3.33% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | SWK | YETI |
|---|---|---|
| 2022 | -58.9% | -50.1% |
| 2023 | +35.6% | +25.3% |
| 2024 | -15.2% | -25.6% |
| 2025 | -3.2% | +14.7% |
| 2026 | +36.5% | -5.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SWK and YETI good diversifiers for each other?
Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between SWK and YETI?
As of 2026-08-27, the correlation of weekly returns between SWK and YETI is 0.55 over 3 years, 0.60 over 1 year and 0.55 over 5 years.
Is YETI a good diversifier for SWK?
Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.55 mean?
On the −1 to +1 scale, 0.55 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/swk-vs-yeti.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/swk-vs-yeti/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SWK correlations · YETI correlations
