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CMC correlations (Commercial Metals Company)

Every correlation that matters for CMC: the assets it tracks, the ones that offset it, and where it sits among 4756 US stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)
33.3%
3y weekly
Beta vs S&P 500
1.26
3y weekly
1-year return
+22.0%
price, adjusted
5-year return
+119.5%
price, adjusted
P/E ratio
12.9
trailing
Dividend yield
1.08%
trailing
Max drawdown
-37.6%
3y, daily closes
-4%0%+41%2025-09-052026-08-27
CMC over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with CMC

AssetCorrelation (3Y)
STLDSteel Dynamics0.75
RSReliance, Inc.0.75
NUENucor0.74
MDYSPDR S&P MidCap 400 ETF0.74
IWMiShares Russell 2000 ETF0.73

Best diversifiers for CMC

The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from CMC.

AssetCorrelation (3Y)
VXXiPath Series B S&P 500 VIX Short-Term Futures ETN-0.56
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN-0.53
FNGDMicroSectors FANG Index -3X Inverse Leveraged ETNs due-0.33

CMC vs benchmarks

Get CMC data as JSON

Free API · no key required
$ curl https://www.pairbook.io/api/v1/symbols/cmc.json

Correlations, diversifiers, beta and volatility for CMC, plus one endpoint per pair. API documentation.

CMC inside major ETFs

ETFCMC weight
IWMiShares Russell 2000 ETF0.24%
MDYSPDR S&P MidCap 400 ETF0.21%