TRC vs WOOF: Correlation
How closely do Tejon Ranch Co (TRC) and Petco Health and Wellness Company, Inc. (WOOF) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TRC and WOOF?
Across a 3-year window, the weekly returns of TRC and WOOF correlate at 0.45, moderate. Little has changed lately, as the 1-year reading of 0.43 lands near the 3-year figure. Stretching to 5 years gives 0.40, with an annualized covariance of 895.6 %².
By 3-year correlation, WOOF places #6 of the 11 assets tracked against TRC. The trailing year gives TRC the advantage: -7.1% versus -15.3%, a 8.2-point spread. Note the risk asymmetry: WOOF runs 3.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
TRC vs WOOF: side by side
| TRC (Tejon Ranch Co) | WOOF (Petco Health and Wellness Company, Inc.) | |
|---|---|---|
| 1-year return | -7.1% | -15.3% |
| 5-year return | -15.6% | -87.2% |
| Volatility (ann.) | 23.7% | 84.1% |
| Beta vs S&P 500 | 0.44 | 1.55 |
| Max drawdown (3Y) | -24.3% | -72.3% |
| Market cap | $0.4B | $0.8B |
| P/E (trailing) | 73.4 | 135.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | TRC | WOOF |
|---|---|---|
| 2022 | -1.3% | -52.1% |
| 2023 | -8.7% | -66.7% |
| 2024 | -7.6% | +20.6% |
| 2025 | -0.8% | -26.2% |
| 2026 | +2.3% | -3.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TRC and WOOF good diversifiers for each other?
Reasonably. At 0.45, TRC and WOOF keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between TRC and WOOF?
Using weekly returns as of 2026-08-27: 0.45 over 3 years, with 0.43 over the last year and 0.40 over 5 years.
Is WOOF a good diversifier for TRC?
Reasonably. At 0.45, TRC and WOOF keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.45 mean?
A reading of 0.45 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/trc-vs-woof.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/trc-vs-woof/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: TRC correlations · WOOF correlations
