TREE vs WLY: Correlation
LendingTree, Inc. (TREE) and John Wiley & Sons, Inc. (WLY) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TREE and WLY?
Across a 3-year window, the weekly returns of TREE and WLY correlate at 0.39, moderate. Little has changed lately, as the 1-year reading of 0.44 lands near the 3-year figure. Stretching to 5 years gives 0.44, with an annualized covariance of 1005.3 %².
Within TREE's tracked universe of 15 assets, WLY comes in at #10 by 3-year correlation. Correlation aside, the last 12 months split them widely, with WLY ahead by 96.4 points (-58.2% versus +38.2%). One caveat on sizing: TREE is 2.3 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
TREE vs WLY: side by side
| TREE (LendingTree, Inc.) | WLY (John Wiley & Sons, Inc.) | |
|---|---|---|
| 1-year return | -58.2% | +38.2% |
| 5-year return | -83.0% | +10.0% |
| Volatility (ann.) | 76.1% | 33.8% |
| Beta vs S&P 500 | 1.99 | 0.50 |
| Max drawdown (3Y) | -63.0% | -43.3% |
| Market cap | $0.4B | $2.7B |
| P/E (trailing) | 2.3 | 13.0 |
| Dividend yield | 0.00% | 2.67% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | TREE | WLY |
|---|---|---|
| 2022 | -82.6% | -27.8% |
| 2023 | +42.1% | -17.5% |
| 2024 | +27.8% | +42.2% |
| 2025 | +37.0% | -27.2% |
| 2026 | -46.7% | +79.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TREE and WLY good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between TREE and WLY?
Using weekly returns as of 2026-08-27: 0.39 over 3 years, with 0.44 over the last year and 0.44 over 5 years.
Is WLY a good diversifier for TREE?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/tree-vs-wly.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/tree-vs-wly/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: TREE correlations · WLY correlations
