PairBook
HomeWY › WY vs ZCMD

WY vs ZCMD: Correlation

Measured on weekly returns over the past three years, Weyerhaeuser (WY) and Zhongchao Inc. - Class A (ZCMD) carry a correlation of -0.19, a negative link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.19
negative
Correlation (1Y)
-0.18
last 12 months
Correlation (5Y)
-0.14
long-run
Ann. covariance
-669.1
%² · weekly, annualized

How correlated are WY and ZCMD?

On 3 years of weekly data the WY/ZCMD correlation comes out at -0.19, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.18) sits close to the 3-year figure. The 5-year figure is -0.14, and annualized covariance runs at -669.1 %².

Out of 44 assets tracked against WY, ZCMD lands near the bottom at #42. The last year tells two different stories: WY led by 93.8 percentage points, -6.1% for WY against -99.9% for ZCMD. One caveat on sizing: ZCMD is 5.7 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.

WY vs ZCMD: side by side

WY (Weyerhaeuser)ZCMD (Zhongchao Inc. - Class A)
1-year return-6.1%-99.9%
5-year return-19.5%-100.0%
Volatility (ann.)24.8%141.8%
Beta vs S&P 5000.640.59
Max drawdown (3Y)-38.0%-100.0%
Market cap$17.1B
P/E (trailing)36.5
Dividend yield3.49%0.00%
Sector / categoryReal EstateUS Listed
Higher yield: WY 3.49% vs 0.00%Smaller drawdown: WY -38.0% vs -100.0%Higher 5y return: WY -19.5% vs -100.0%
-100%0%+32%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). WY · ZCMD

Year-by-year returns

YearWYZCMD
2022-20.4%-35.4%
2023+18.0%-69.5%
2024-16.6%-53.8%
2025-13.0%-72.2%
2026+1.8%-99.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are WY and ZCMD good diversifiers for each other?

By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.

FAQ

What is the correlation between WY and ZCMD?

The WY/ZCMD correlation stands at -0.19 on a 3-year window (1 year: -0.18, 5 years: -0.14), computed from weekly returns as of 2026-08-27.

Is ZCMD a good diversifier for WY?

By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.

What does a correlation of -0.19 mean?

A reading of -0.19 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/wy-vs-zcmd.json

WY vs ZCMD: 3-year weekly correlation -0.19WY vs ZCMD-0.19

Drop this badge in a README or notebook; it updates with the data:

[![WY vs ZCMD correlation](https://www.pairbook.io/api/v1/badge/wy-vs-zcmd.svg)](https://www.pairbook.io/pair/wy-vs-zcmd/)

No key needed, free to use. Full endpoint list in the API documentation.

Related comparisons

Hubs: WY correlations · ZCMD correlations