TILE vs TPB: Correlation
Measured on weekly returns over the past three years, Interface, Inc. (TILE) and Turning Point Brands, Inc. (TPB) carry a correlation of 0.45, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TILE and TPB?
On 3 years of weekly data the TILE/TPB correlation comes out at 0.45, moderate. The relationship has been stable: the 1-year correlation (0.52) sits close to the 3-year figure. The 5-year figure is 0.40, and annualized covariance runs at 820.8 %².
Among the 17 assets we track against TILE, TPB ranks #9 by 3-year correlation. The last year tells two different stories: TILE led by 54.5 percentage points, +40.3% for TILE against -14.2% for TPB.
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.
TILE vs TPB: side by side
| TILE (Interface, Inc.) | TPB (Turning Point Brands, Inc.) | |
|---|---|---|
| 1-year return | +40.3% | -14.2% |
| 5-year return | +167.4% | +74.4% |
| Volatility (ann.) | 40.8% | 44.7% |
| Beta vs S&P 500 | 0.93 | 0.76 |
| Max drawdown (3Y) | -33.6% | -50.6% |
| Market cap | $2.2B | $1.7B |
| P/E (trailing) | 15.7 | 38.3 |
| Dividend yield | 0.26% | 0.35% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | TILE | TPB |
|---|---|---|
| 2022 | -37.9% | -42.2% |
| 2023 | +28.5% | +23.1% |
| 2024 | +93.4% | +130.1% |
| 2025 | +14.9% | +81.0% |
| 2026 | +36.0% | -22.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TILE and TPB good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between TILE and TPB?
The TILE/TPB correlation stands at 0.45 on a 3-year window (1 year: 0.52, 5 years: 0.40), computed from weekly returns as of 2026-08-27.
Is TPB a good diversifier for TILE?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 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
$ curl https://www.pairbook.io/api/v1/pairs/tile-vs-tpb.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/tile-vs-tpb/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: TILE correlations · TPB correlations
