TOL vs WY: Correlation
How closely do Toll Brothers, Inc. (TOL) and Weyerhaeuser (WY) trade together? Their weekly returns over three years give a correlation of 0.67, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TOL and WY?
Across a 3-year window, the weekly returns of TOL and WY correlate at 0.67, strong. Recent behaviour matches the longer record: 0.59 over 1 year against 0.67 over 3. Stretching to 5 years gives 0.62, with an annualized covariance of 580.0 %².
By 3-year correlation, WY places #18 of the 35 assets tracked against TOL. The trailing year gives TOL the advantage: +6.0% versus -6.1%, a 12.1-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 WY: side by side
| TOL (Toll Brothers, Inc.) | WY (Weyerhaeuser) | |
|---|---|---|
| 1-year return | +6.0% | -6.1% |
| 5-year return | +139.9% | -19.5% |
| Volatility (ann.) | 34.9% | 24.8% |
| Beta vs S&P 500 | 1.14 | 0.64 |
| Max drawdown (3Y) | -46.0% | -38.0% |
| Market cap | $13.4B | $17.1B |
| P/E (trailing) | 11.9 | 36.5 |
| Dividend yield | 0.69% | 3.49% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | TOL | WY |
|---|---|---|
| 2022 | -30.0% | -20.4% |
| 2023 | +108.6% | +18.0% |
| 2024 | +23.4% | -16.6% |
| 2025 | +8.3% | -13.0% |
| 2026 | +7.9% | +1.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TOL and WY good diversifiers for each other?
Somewhat, no more. With 0.67 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between TOL and WY?
Using weekly returns as of 2026-08-27: 0.67 over 3 years, with 0.59 over the last year and 0.62 over 5 years.
Is WY a good diversifier for TOL?
Somewhat, no more. With 0.67 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.67 mean?
On the −1 to +1 scale, 0.67 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/tol-vs-wy.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/tol-vs-wy/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: TOL correlations · WY correlations
