ADBE vs ODC: Correlation
Adobe Inc. (ADBE) and Oil-Dri Corporation Of America (ODC) show a negative relationship: their 3-year correlation of weekly returns is -0.27.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADBE and ODC?
Across a 3-year window, the weekly returns of ADBE and ODC correlate at -0.27, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.38) than the 3-year average (-0.27). Stretching to 5 years gives -0.02, with an annualized covariance of -341.0 %².
Among the 32 assets we track against ADBE, ODC ranks #27 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ODC outperformed by 76.9 percentage points (-18.9% for ADBE against +58.0% for ODC).
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.
ADBE vs ODC: side by side
| ADBE (Adobe Inc.) | ODC (Oil-Dri Corporation Of America) | |
|---|---|---|
| 1-year return | -18.9% | +58.0% |
| 5-year return | -56.6% | +476.5% |
| Volatility (ann.) | 35.1% | 36.6% |
| Beta vs S&P 500 | 1.04 | 0.41 |
| Max drawdown (3Y) | -69.5% | -32.7% |
| Market cap | $114.9B | – |
| P/E (trailing) | 15.6 | 23.7 |
| Dividend yield | 0.00% | 0.85% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | ADBE | ODC |
|---|---|---|
| 2022 | -40.7% | +6.5% |
| 2023 | +77.3% | +104.8% |
| 2024 | -25.5% | +32.9% |
| 2025 | -21.3% | +13.2% |
| 2026 | -17.4% | +88.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADBE and ODC good diversifiers for each other?
Yes. With a correlation of -0.27, ADBE and ODC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ADBE and ODC?
As of 2026-08-27, the correlation of weekly returns between ADBE and ODC is -0.27 over 3 years, -0.38 over 1 year and -0.02 over 5 years.
Is ODC a good diversifier for ADBE?
Yes. With a correlation of -0.27, ADBE and ODC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.27 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/adbe-vs-odc.json
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Related comparisons
Hubs: ADBE correlations · ODC correlations
