W vs WSM: Correlation
How closely do Wayfair Inc. (W) and Williams-Sonoma, Inc. (WSM) trade together? Their weekly returns over three years give a correlation of 0.62, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are W and WSM?
Over the past 3 years, W and WSM moved with a correlation of 0.62, which is strong. Recent behaviour matches the longer record: 0.65 over 1 year against 0.62 over 3. Over 5 years the correlation is 0.59, and the annualized covariance of weekly returns is 1780.3 %².
Few assets follow W as closely as WSM, which ranks #2 of 19 tracked partners. Their recent paths diverged sharply: over the last 12 months W outperformed by 15.2 percentage points (+41.0% for W against +25.8% for WSM). One caveat on sizing: W is 1.6 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.
W vs WSM: side by side
| W (Wayfair Inc.) | WSM (Williams-Sonoma, Inc.) | |
|---|---|---|
| 1-year return | +41.0% | +25.8% |
| 5-year return | -64.0% | +182.0% |
| Volatility (ann.) | 67.1% | 43.0% |
| Beta vs S&P 500 | 2.50 | 1.33 |
| Max drawdown (3Y) | -67.7% | -36.8% |
| Market cap | $14.4B | $28.1B |
| P/E (trailing) | – | 24.4 |
| Dividend yield | 0.00% | 0.56% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | W | WSM |
|---|---|---|
| 2022 | -82.7% | -30.5% |
| 2023 | +87.6% | +80.2% |
| 2024 | -28.2% | +86.6% |
| 2025 | +126.6% | -2.1% |
| 2026 | +4.6% | +34.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are W and WSM good diversifiers for each other?
To a limited degree. At 0.62 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between W and WSM?
As of 2026-08-27, the correlation of weekly returns between W and WSM is 0.62 over 3 years, 0.65 over 1 year and 0.59 over 5 years.
Is WSM a good diversifier for W?
To a limited degree. At 0.62 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.62 mean?
On the −1 to +1 scale, 0.62 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/w-vs-wsm.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/w-vs-wsm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: W correlations · WSM correlations
