GWW correlations (W. W. Grainger)
GWW measured against 4756 US stocks and ETFs: closest co-movers on one side, the best offsets on the other, all from weekly returns.
Data as of 2026-08-27 · refreshed every trading day · Industrials · Industrial Machinery & Supplies & Components
Volatility (ann.)
23.3%
3y weekly
Beta vs S&P 500
0.74
3y weekly
1-year return
+31.0%
price, adjusted
5-year return
+219.4%
price, adjusted
Market cap
$62.2B
latest
P/E ratio
34.0
trailing
Dividend yield
0.69%
trailing
Max drawdown
-24.5%
3y, daily closes
GWW over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with GWW
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| IEX | IDEX Corporation | 0.62 | |
| XLI | Industrial Select Sector SPDR Fund | 0.62 | |
| AIT | Applied Industrial Technologies, Inc. | 0.60 | |
| TT | Trane Technologies | 0.57 | |
| IR | Ingersoll Rand | 0.56 | |
| MSM | MSC Industrial Direct Company, Inc. | 0.56 | |
| ODFL | Old Dominion | 0.55 | |
| ARCB | ArcBest Corporation | 0.55 | |
| FTV | Fortive | 0.55 | |
| CSL | Carlisle Companies Incorporated | 0.54 | |
| FAST | Fastenal | 0.54 | |
| AIN | Albany International Corporation | 0.54 | |
| VTV | Vanguard Value ETF | 0.54 | |
| MDY | SPDR S&P MidCap 400 ETF | 0.53 | |
| VIG | Vanguard Dividend Appreciation ETF | 0.53 |
Best diversifiers for GWW
The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from GWW.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.40 | |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.37 | |
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.28 | |
| YJ | Yunji Inc. - American Depository Shares | -0.28 | |
| BBOT | BridgeBio Oncology Therapeutics, Inc. | -0.28 | |
| LANV | Lanvin Group Holdings Limited | -0.25 | |
| BNC | CEA Industries Inc. | -0.23 | |
| CELC | Celcuity Inc. | -0.21 | |
| PETZ | TDH Holdings, Inc. | -0.21 | |
| FGNX | FG Nexus Inc. | -0.20 |
GWW vs benchmarks
GWW vs its peers
Get GWW data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/gww.jsonCorrelations, diversifiers, beta and volatility for GWW, plus one endpoint per pair. API documentation.
GWW inside major ETFs
| ETF | GWW weight | |
|---|---|---|
| XLI | Industrial Select Sector SPDR Fund | 1.02% |
| QUAL | iShares MSCI USA Quality Factor ETF | 0.52% |
| VIG | Vanguard Dividend Appreciation ETF | 0.26% |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.19% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.19% |
| VUG | Vanguard Growth ETF | 0.19% |
| DGRO | iShares Core Dividend Growth ETF | 0.1% |
| IVV | iShares Core S&P 500 ETF | 0.09% |
| SPY | SPDR S&P 500 ETF Trust | 0.09% |
| VOO | Vanguard S&P 500 ETF | 0.09% |
