ADM vs IDCC: Correlation
How closely do Archer Daniels Midland (ADM) and InterDigital, Inc. (IDCC) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADM and IDCC?
Over the past 3 years, ADM and IDCC moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.40 versus -0.21 over 3 years. Over 5 years the correlation is -0.15, and the annualized covariance of weekly returns is -249.5 %².
Within ADM's tracked universe of 33 assets, IDCC comes in at #25 by 3-year correlation. Twelve-month performance is nearly a tie, at +29.8% for ADM and +25.2% for IDCC.
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 IDCC: side by side
| ADM (Archer Daniels Midland) | IDCC (InterDigital, Inc.) | |
|---|---|---|
| 1-year return | +29.8% | +25.2% |
| 5-year return | +51.7% | +406.1% |
| Volatility (ann.) | 29.9% | 38.9% |
| Beta vs S&P 500 | 0.24 | 0.92 |
| Max drawdown (3Y) | -46.0% | -36.5% |
| Market cap | $38.1B | $8.6B |
| P/E (trailing) | 21.9 | 39.4 |
| Dividend yield | 2.57% | 0.81% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | ADM | IDCC |
|---|---|---|
| 2022 | +40.0% | -29.3% |
| 2023 | -20.4% | +123.7% |
| 2024 | -27.5% | +81.1% |
| 2025 | +18.2% | +66.0% |
| 2026 | +40.4% | +5.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADM and IDCC good diversifiers for each other?
Yes. With a correlation of -0.21, ADM and IDCC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ADM and IDCC?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.40 over the last year and -0.15 over 5 years.
Is IDCC a good diversifier for ADM?
Yes. With a correlation of -0.21, ADM and IDCC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 mean?
A reading of -0.21 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/adm-vs-idcc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/adm-vs-idcc/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ADM correlations · IDCC correlations
