FAST correlations (Fastenal)
Which assets move with FAST and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Industrials · Trading Companies & Distributors
Volatility (ann.)
24.0%
3y weekly
Beta vs S&P 500
0.63
3y weekly
1-year return
+4.1%
price, adjusted
5-year return
+105.5%
price, adjusted
Market cap
$58.7B
latest
P/E ratio
43.7
trailing
Dividend yield
1.80%
trailing
Max drawdown
-21.9%
3y, daily closes
FAST over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with FAST
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| XLI | Industrial Select Sector SPDR Fund | 0.58 | |
| MSM | MSC Industrial Direct Company, Inc. | 0.57 | |
| GGG | Graco Inc. | 0.57 | |
| ITW | Illinois Tool Works | 0.56 | |
| GWW | W. W. Grainger | 0.54 | |
| AIT | Applied Industrial Technologies, Inc. | 0.54 | |
| RPM | RPM International Inc. | 0.53 | |
| BFC | Bank First Corporation | 0.53 | |
| CSL | Carlisle Companies Incorporated | 0.52 | |
| DGRO | iShares Core Dividend Growth ETF | 0.52 | |
| XLB | Materials Select Sector SPDR Fund | 0.51 | |
| UFPI | UFP Industries, Inc. | 0.51 | |
| ITT | ITT Inc. | 0.51 | |
| LECO | Lincoln Electric Holdings, Inc. | 0.51 | |
| VIG | Vanguard Dividend Appreciation ETF | 0.50 |
Best diversifiers for FAST
The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from FAST.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| LANV | Lanvin Group Holdings Limited | -0.27 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.25 | |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.25 | |
| ZCMD | Zhongchao Inc. - Class A | -0.21 | |
| KVHI | KVH Industries, Inc. | -0.20 | |
| INDO | Indonesia Energy Corporation Limited | -0.20 | |
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.19 | |
| MAAS | Maase Inc. - Class A | -0.18 | |
| GBLI | Global Indemnity Group, LLC - Class A | -0.17 | |
| TCRT | Alaunos Therapeutics, Inc. | -0.17 |
FAST vs benchmarks
FAST vs its peers
Get FAST data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/fast.jsonCorrelations, diversifiers, beta and volatility for FAST, plus one endpoint per pair. API documentation.
FAST inside major ETFs
| ETF | FAST weight | |
|---|---|---|
| SCHD | Schwab US Dividend Equity ETF | 1.43% |
| XLI | Industrial Select Sector SPDR Fund | 1.04% |
| QUAL | iShares MSCI USA Quality Factor ETF | 0.53% |
| QQQ | Invesco QQQ Trust | 0.26% |
| QQQM | Invesco Nasdaq 100 ETF | 0.26% |
| DGRO | iShares Core Dividend Growth ETF | 0.25% |
| VIG | Vanguard Dividend Appreciation ETF | 0.24% |
| VYM | Vanguard High Dividend Yield ETF | 0.22% |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.21% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.19% |
