TOL vs VMC: Correlation
How closely do Toll Brothers, Inc. (TOL) and Vulcan Materials Company (VMC) trade together? Their weekly returns over three years give a correlation of 0.59, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TOL and VMC?
Across a 3-year window, the weekly returns of TOL and VMC correlate at 0.59, moderate. The relationship has been stable: the 1-year correlation (0.60) sits close to the 3-year figure. Stretching to 5 years gives 0.56, with an annualized covariance of 516.7 %².
Among the 35 assets we track against TOL, VMC ranks #23 by 3-year correlation. The trailing year gives TOL the advantage: +6.0% versus -5.2%, a 11.2-point spread.
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.
TOL vs VMC: side by side
| TOL (Toll Brothers, Inc.) | VMC (Vulcan Materials Company) | |
|---|---|---|
| 1-year return | +6.0% | -5.2% |
| 5-year return | +139.9% | +53.2% |
| Volatility (ann.) | 34.9% | 25.2% |
| Beta vs S&P 500 | 1.14 | 0.82 |
| Max drawdown (3Y) | -46.0% | -24.4% |
| Market cap | $13.4B | $35.5B |
| P/E (trailing) | 11.9 | 32.3 |
| Dividend yield | 0.69% | 0.74% |
| Sector / category | US Listed | Materials |
Year-by-year returns
| Year | TOL | VMC |
|---|---|---|
| 2022 | -30.0% | -14.9% |
| 2023 | +108.6% | +30.8% |
| 2024 | +23.4% | +14.1% |
| 2025 | +8.3% | +11.7% |
| 2026 | +7.9% | -3.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TOL and VMC good diversifiers for each other?
Somewhat, no more. With 0.59 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between TOL and VMC?
Using weekly returns as of 2026-08-27: 0.59 over 3 years, with 0.60 over the last year and 0.56 over 5 years.
Is VMC a good diversifier for TOL?
Somewhat, no more. With 0.59 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.59 mean?
A reading of 0.59 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/tol-vs-vmc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/tol-vs-vmc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: TOL correlations · VMC correlations
