ADM vs CTVA: Correlation
Measured on weekly returns over the past three years, Archer Daniels Midland (ADM) and Corteva (CTVA) carry a correlation of 0.39, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADM and CTVA?
On 3 years of weekly data the ADM/CTVA correlation comes out at 0.39, moderate. Little has changed lately, as the 1-year reading of 0.44 lands near the 3-year figure. The 5-year figure is 0.45, and annualized covariance runs at 308.3 %².
Among the 33 assets we track against ADM, CTVA ranks #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ADM ahead by 18.9 points (+29.8% versus +10.9%). The link looks structural: the rolling one-year correlation barely moved, holding between 0.28 and 0.50.
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 CTVA: side by side
| ADM (Archer Daniels Midland) | CTVA (Corteva) | |
|---|---|---|
| 1-year return | +29.8% | +10.9% |
| 5-year return | +51.7% | +98.2% |
| Volatility (ann.) | 29.9% | 26.8% |
| Beta vs S&P 500 | 0.24 | 0.43 |
| Max drawdown (3Y) | -46.0% | -20.7% |
| Market cap | $38.1B | $55.0B |
| P/E (trailing) | 21.9 | 50.2 |
| Dividend yield | 2.57% | 0.87% |
| Sector / category | Consumer Staples | Materials |
Year-by-year returns
| Year | ADM | CTVA |
|---|---|---|
| 2022 | +40.0% | +25.6% |
| 2023 | -20.4% | -17.5% |
| 2024 | -27.5% | +20.2% |
| 2025 | +18.2% | +18.9% |
| 2026 | +40.4% | +23.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADM and CTVA good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ADM and CTVA?
The ADM/CTVA correlation stands at 0.39 on a 3-year window (1 year: 0.44, 5 years: 0.45), computed from weekly returns as of 2026-08-27.
Is CTVA a good diversifier for ADM?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.39 mean?
A reading of 0.39 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: ADM correlations · CTVA correlations
