SHW correlations (Sherwin-Williams)
Which assets move with SHW and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Materials · Specialty Chemicals
Volatility (ann.)
24.6%
3y weekly
Beta vs S&P 500
0.79
3y weekly
1-year return
-5.1%
price, adjusted
5-year return
+18.3%
price, adjusted
Market cap
$83.8B
latest
P/E ratio
31.8
trailing
Dividend yield
0.91%
trailing
Max drawdown
-25.7%
3y, daily closes
SHW over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with SHW
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| RPM | RPM International Inc. | 0.76 | |
| LOW | Lowe's | 0.74 | |
| HD | Home Depot (The) | 0.73 | |
| MHK | Mohawk Industries, Inc. | 0.71 | |
| LEN | Lennar | 0.69 | |
| POOL | Pool Corporation | 0.69 | |
| TOL | Toll Brothers, Inc. | 0.68 | |
| PHM | PulteGroup | 0.68 | |
| MAS | Masco | 0.68 | |
| UFPI | UFP Industries, Inc. | 0.68 | |
| KBH | KB Home | 0.67 | |
| MTH | Meritage Homes Corporation | 0.67 | |
| GRBK | Green Brick Partners, Inc. | 0.66 | |
| MDY | SPDR S&P MidCap 400 ETF | 0.65 | |
| GGG | Graco Inc. | 0.65 |
Best diversifiers for SHW
The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from SHW.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| USO | United States Oil Fund | -0.43 | |
| 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 | -0.36 | |
| EQNR | Equinor ASA | -0.36 | |
| DJP | iPath Bloomberg Commodity Index Total Return ETN | -0.35 | |
| MXC | Mexco Energy Corporation | -0.27 | |
| BP | BP p.l.c. | -0.27 | |
| INDO | Indonesia Energy Corporation Limited | -0.25 | |
| OBE | Obsidian Energy Ltd. | -0.24 | |
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.24 |
SHW vs benchmarks
SHW vs its peers
Get SHW data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/shw.jsonCorrelations, diversifiers, beta and volatility for SHW, plus one endpoint per pair. API documentation.
SHW inside major ETFs
| ETF | SHW weight | |
|---|---|---|
| XLB | Materials Select Sector SPDR Fund | 4.87% |
| DIA | SPDR Dow Jones Industrial Average ETF | 3.87% |
| QUAL | iShares MSCI USA Quality Factor ETF | 0.36% |
| VIG | Vanguard Dividend Appreciation ETF | 0.34% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.26% |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.21% |
| DGRO | iShares Core Dividend Growth ETF | 0.18% |
| VTV | Vanguard Value ETF | 0.15% |
| VUG | Vanguard Growth ETF | 0.13% |
| IVV | iShares Core S&P 500 ETF | 0.12% |
