TREX vs. AZEK

Last updated Jun 3, 2026

TREX (Trex Company, Inc.) and AZEK (The AZEK Company Inc.) are both stocks. Both operate in the Building Products & Equipment industry within the Industrials sector. A 0.68 correlation means they provide meaningful diversification when combined.

Performance

TREX vs. AZEK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Trex Company, Inc. (TREX) and The AZEK Company Inc. (AZEK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TREX

• 1D: 0.07%
• 1M: 7.22%
• YTD: 18.56%
• 6M: 19.34%
• 1Y: -22.36%
• 3Y*: -9.38%
• 5Y*: -15.17%
• 10Y*: 14.44%

AZEK

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TREX vs. AZEK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
TREX Trex Company, Inc.	18.56%	-49.18%	-16.62%	95.58%	-68.65%	61.29%	48.61%
AZEK The AZEK Company Inc.	0.00%	14.49%	24.10%	88.24%	-56.06%	20.26%	41.62%

Correlation

The correlation between TREX and AZEK is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.13
Correlation (3Y) Calculated over the trailing 3-year period	0.64
Correlation (5Y) Calculated over the trailing 5-year period	0.70
Correlation (All Time) Calculated using the full available price history since Jun 15, 2020	0.68

Over the past year, the correlation between TREX and AZEK has dropped to 0.13 - well below their long-term average of 0.68, suggesting their price drivers have been diverging.

Fundamentals

Total Revenue (TTM) TREX : $1.18B AZEK : $1.52B
Gross Profit (TTM) TREX : $461.26M AZEK : $565.31M
EBITDA (TTM) TREX : $308.51M AZEK : $364.91M

Return for Risk

TREX vs. AZEK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TREX

TREX Risk / Return Rank: 23
TREX Sharpe Ratio Rank: 21
TREX Sortino Ratio Rank: 23
TREX Omega Ratio Rank: 22
TREX Calmar Ratio Rank: 25
TREX Martin Ratio Rank: 27

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TREX vs. AZEK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Trex Company, Inc. (TREX) and The AZEK Company Inc. (AZEK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	TREX	AZEK	Difference
Sharpe ratio Return per unit of total volatility	-0.45	—	—
Sortino ratio Return per unit of downside risk	-0.29	—	—
Omega ratio Gain probability vs. loss probability	0.96	—	—
Calmar ratio Return relative to maximum drawdown	-0.46	—	—
Martin ratio Return relative to average drawdown	-0.73	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	TREX	AZEK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.45	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.32	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.31	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	—	—

Drawdowns

Drawdown Indicators

	TREX	AZEK	Difference
Max Drawdown Largest peak-to-trough decline	-90.53%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-56.01%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-69.90%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-78.58%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-78.58%	—	—
Current Drawdown Current decline from peak	-70.44%	—	—
Average Drawdown Average peak-to-trough decline	-38.73%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	34.95%	—	—

Volatility

Volatility by Period

	TREX	AZEK	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.37%	—	—
Volatility (6M) Calculated over the trailing 6-month period	25.83%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	50.09%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.05%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.33%	—	—

Dividends

TREX vs. AZEK - Dividend Comparison

Neither TREX nor AZEK has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both TREX and AZEK in my portfolio?

TREX and AZEK have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.