Masco Corporation (MAS) — Stock Correlations & Overview

Over the past year, MAS has moved most closely with XHB, NAIL, ITB. Explore the stocks most correlated and inversely correlated with MAS below, along with its price, financials, and company profile.

Stocks correlated with MAS

Correlation of daily returns. Higher positive values move with MAS; negative values move opposite it. Informational only, not investment advice.

Most correlated with MAS

SymbolCompanyCorrelation
XHBState Street SPDR S&P Homebuilders ETF0.81
NAILDirexion Daily Homebuilders & Supplies Bull 3X ETF0.80
ITBiShares U.S. Home Construction ETF0.80
HOMZHoya Capital Housing ETF0.77
SSDSimpson Manufacturing Co., Inc.CUTLERY, HANDTOOLS & GENERAL HARDWARE0.76

Most inversely correlated with MAS

SymbolCompanyCorrelation
SMNProShares UltraShort Materials-0.60
SBBProShares Short SmallCap600-0.60
DXDProShares UltraShort Dow 30-0.59
DOGProShares Short Dow30-0.59
SDDProShares UltraShort SmallCap600-0.59

Frequently asked questions about MAS correlations

Which stocks are most correlated with MAS?
Based on one year of daily returns, the stocks most correlated with Masco Corporation (MAS) are XHB (0.81), NAIL (0.80) and ITB (0.80). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
Which stocks are inversely correlated with MAS?
Over the past year, the stocks most inversely correlated with Masco Corporation (MAS) are SMN (-0.60), SBB (-0.60) and DXD (-0.59). A negative correlation means the two stocks have tended to move in opposite directions.
What does a correlation of 0.8 mean for a stock?
Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
How are these MAS correlations calculated?
We compute the correlation of daily returns between MAS and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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