WAB correlations (Wabtec)
Which assets move with WAB 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 · Construction Machinery & Heavy Transportation Equipment
Volatility (ann.)
25.3%
3y weekly
Beta vs S&P 500
0.99
3y weekly
1-year return
+52.9%
price, adjusted
5-year return
+241.0%
price, adjusted
Market cap
$50.2B
latest
P/E ratio
40.5
trailing
Dividend yield
0.37%
trailing
Max drawdown
-23.6%
3y, daily closes
WAB over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with WAB
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| XLI | Industrial Select Sector SPDR Fund | 0.71 | |
| MDY | SPDR S&P MidCap 400 ETF | 0.67 | |
| RVT | Royce Small-Cap Trust, Inc. | 0.65 | |
| ITT | ITT Inc. | 0.65 | |
| PH | Parker Hannifin | 0.64 | |
| VTV | Vanguard Value ETF | 0.63 | |
| VYM | Vanguard High Dividend Yield ETF | 0.62 | |
| IR | Ingersoll Rand | 0.62 | |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.62 | |
| GDV | Gabelli Dividend & Income Trust | 0.62 | |
| DOV | Dover Corporation | 0.62 | |
| CR | Crane Company | 0.61 | |
| VT | Vanguard Total World Stock ETF | 0.60 | |
| EVT | Eaton Vance Tax Advantaged Dividend Income Fund | 0.60 | |
| DGRO | iShares Core Dividend Growth ETF | 0.60 |
Best diversifiers for WAB
The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from WAB.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.54 | |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.53 | |
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.39 | |
| CDTG | CDT Environmental Technology Investment Holdings Limited | -0.22 | |
| BESS | Bimergen Energy Corporation | -0.22 | |
| ACI | Albertsons Companies, Inc. | -0.18 | |
| VBIO | Valion Bio, Inc. | -0.17 | |
| EDSA | Edesa Biotech, Inc. | -0.16 | |
| NIVF | NewGenIvf Group Limited - Class A | -0.16 | |
| EQS | Equus Total Return, Inc. | -0.15 |
WAB vs benchmarks
WAB vs its peers
Get WAB data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/wab.jsonCorrelations, diversifiers, beta and volatility for WAB, plus one endpoint per pair. API documentation.
WAB inside major ETFs
| ETF | WAB weight | |
|---|---|---|
| XLI | Industrial Select Sector SPDR Fund | 0.9% |
| MTUM | iShares MSCI USA Momentum Factor ETF | 0.27% |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.22% |
| VTV | Vanguard Value ETF | 0.18% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.17% |
| IVV | iShares Core S&P 500 ETF | 0.08% |
| SPY | SPDR S&P 500 ETF Trust | 0.08% |
| VOO | Vanguard S&P 500 ETF | 0.08% |
| VTI | Vanguard Total Stock Market ETF | 0.07% |
| ACWI | iShares MSCI ACWI ETF | 0.05% |
