ADM vs ARQT: Correlation
Archer Daniels Midland (ADM) and Arcutis Biotherapeutics, Inc. (ARQT) show a negative relationship: their 3-year correlation of weekly returns is -0.19.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADM and ARQT?
Across a 3-year window, the weekly returns of ADM and ARQT correlate at -0.19, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.10 over 1 year against -0.19 over 3. Stretching to 5 years gives -0.10, with an annualized covariance of -461.0 %².
By 3-year correlation, ARQT places #22 of the 33 assets tracked against ADM. Correlation aside, the last 12 months split them widely, with ARQT ahead by 29.1 points (+29.8% versus +58.9%). Risk is not evenly split, since ARQT carries 2.7 times the volatility of the other side.
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.
ADM vs ARQT: side by side
| ADM (Archer Daniels Midland) | ARQT (Arcutis Biotherapeutics, Inc.) | |
|---|---|---|
| 1-year return | +29.8% | +58.9% |
| 5-year return | +51.7% | +18.0% |
| Volatility (ann.) | 29.9% | 81.9% |
| Beta vs S&P 500 | 0.24 | 1.10 |
| Max drawdown (3Y) | -46.0% | -79.5% |
| Market cap | $38.1B | $3.1B |
| P/E (trailing) | 21.9 | 113.0 |
| Dividend yield | 2.57% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | ADM | ARQT |
|---|---|---|
| 2022 | +40.0% | -28.6% |
| 2023 | -20.4% | -78.2% |
| 2024 | -27.5% | +331.3% |
| 2025 | +18.2% | +108.5% |
| 2026 | +40.4% | -14.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADM and ARQT good diversifiers for each other?
Yes. With a correlation of -0.19, ADM and ARQT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ADM and ARQT?
As of 2026-08-27, the correlation of weekly returns between ADM and ARQT is -0.19 over 3 years, -0.10 over 1 year and -0.10 over 5 years.
Is ARQT a good diversifier for ADM?
Yes. With a correlation of -0.19, ADM and ARQT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.19 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/adm-vs-arqt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/adm-vs-arqt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ADM correlations · ARQT correlations
