TCI vs THO: Correlation
How closely do Transcontinental Realty Investors, Inc. (TCI) and Thor Industries, Inc. (THO) trade together? Their weekly returns over three years give a correlation of 0.39, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TCI and THO?
Across a 3-year window, the weekly returns of TCI and THO correlate at 0.39, moderate. Little has changed lately, as the 1-year reading of 0.48 lands near the 3-year figure. Stretching to 5 years gives 0.25, with an annualized covariance of 632.3 %².
Few assets follow TCI as closely as THO, which ranks #2 of 12 tracked partners. Over the last 12 months TCI came out ahead by 13.9 percentage points (-15.3% against -29.2%).
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.
TCI vs THO: side by side
| TCI (Transcontinental Realty Investors, Inc.) | THO (Thor Industries, Inc.) | |
|---|---|---|
| 1-year return | -15.3% | -29.2% |
| 5-year return | +9.7% | -26.9% |
| Volatility (ann.) | 44.2% | 37.1% |
| Beta vs S&P 500 | 0.28 | 1.19 |
| Max drawdown (3Y) | -43.8% | -48.4% |
| Market cap | $0.3B | $4.0B |
| P/E (trailing) | 41.9 | 15.4 |
| Dividend yield | 0.00% | 2.65% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | TCI | THO |
|---|---|---|
| 2022 | +13.0% | -25.6% |
| 2023 | -21.8% | +59.8% |
| 2024 | -13.7% | -17.9% |
| 2025 | +96.6% | +9.7% |
| 2026 | -32.8% | -24.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TCI and THO good diversifiers for each other?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between TCI and THO?
The TCI/THO correlation stands at 0.39 on a 3-year window (1 year: 0.48, 5 years: 0.25), computed from weekly returns as of 2026-08-27.
Is THO a good diversifier for TCI?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.39 mean?
On the −1 to +1 scale, 0.39 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.
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Related comparisons
Hubs: TCI correlations · THO correlations
