UFPI vs WY: Correlation
Measured on weekly returns over the past three years, UFP Industries, Inc. (UFPI) and Weyerhaeuser (WY) carry a correlation of 0.67, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are UFPI and WY?
Over the past 3 years, UFPI and WY moved with a correlation of 0.67, which is strong. Little has changed lately, as the 1-year reading of 0.67 lands near the 3-year figure. Over 5 years the correlation is 0.64, and the annualized covariance of weekly returns is 491.0 %².
Within UFPI's tracked universe of 38 assets, WY comes in at #17 by 3-year correlation. On 12-month performance WY holds a 10.0-point edge, -16.1% against -6.1%.
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.
UFPI vs WY: side by side
| UFPI (UFP Industries, Inc.) | WY (Weyerhaeuser) | |
|---|---|---|
| 1-year return | -16.1% | -6.1% |
| 5-year return | +16.0% | -19.5% |
| Volatility (ann.) | 29.4% | 24.8% |
| Beta vs S&P 500 | 0.82 | 0.64 |
| Max drawdown (3Y) | -41.9% | -38.0% |
| Market cap | $4.7B | $17.1B |
| P/E (trailing) | 19.7 | 36.5 |
| Dividend yield | 1.64% | 3.49% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | UFPI | WY |
|---|---|---|
| 2022 | -12.9% | -20.4% |
| 2023 | +60.3% | +18.0% |
| 2024 | -9.3% | -16.6% |
| 2025 | -18.0% | -13.0% |
| 2026 | -5.5% | +1.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are UFPI and WY good diversifiers for each other?
Only partially. A correlation of 0.67 means UFPI and WY share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between UFPI and WY?
As of 2026-08-27, the correlation of weekly returns between UFPI and WY is 0.67 over 3 years, 0.67 over 1 year and 0.64 over 5 years.
Is WY a good diversifier for UFPI?
Only partially. A correlation of 0.67 means UFPI and WY share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
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/ufpi-vs-wy.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ufpi-vs-wy/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: UFPI correlations · WY correlations
