ADAM vs CIM: Correlation
How closely do Adamas Trust, Inc. (ADAM) and Chimera Investment Corporation (CIM) trade together? Their weekly returns over three years give a correlation of 0.64, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADAM and CIM?
On 3 years of weekly data the ADAM/CIM correlation comes out at 0.64, strong. The past 12 months show a weaker link (0.48) than the 3-year average (0.64). The 5-year figure is 0.72, and annualized covariance runs at 614.3 %².
In ADAM's tracked universe of 12 assets, CIM sits right near the top at #1. Correlation aside, the last 12 months split them widely, with ADAM ahead by 64.1 points (+57.2% versus -6.9%).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
ADAM vs CIM: side by side
| ADAM (Adamas Trust, Inc.) | CIM (Chimera Investment Corporation) | |
|---|---|---|
| 1-year return | +57.2% | -6.9% |
| 5-year return | +6.4% | -54.1% |
| Volatility (ann.) | 32.7% | 29.4% |
| Beta vs S&P 500 | 0.82 | 0.76 |
| Max drawdown (3Y) | -38.7% | -33.1% |
| Market cap | $0.9B | $1.0B |
| P/E (trailing) | 5.8 | – |
| Dividend yield | 9.83% | 14.29% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ADAM | CIM |
|---|---|---|
| 2022 | -20.8% | -57.9% |
| 2023 | -5.5% | +2.9% |
| 2024 | -19.3% | +3.6% |
| 2025 | +36.5% | -0.6% |
| 2026 | +43.6% | -0.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADAM and CIM good diversifiers for each other?
To a limited degree. At 0.64 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between ADAM and CIM?
Using weekly returns as of 2026-08-27: 0.64 over 3 years, with 0.48 over the last year and 0.72 over 5 years.
Is CIM a good diversifier for ADAM?
To a limited degree. At 0.64 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.64 mean?
On the −1 to +1 scale, 0.64 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/adam-vs-cim.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/adam-vs-cim/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ADAM correlations · CIM correlations
