ADM vs LYB: Correlation
How closely do Archer Daniels Midland (ADM) and LyondellBasell (LYB) trade together? Their weekly returns over three years give a correlation of 0.38, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADM and LYB?
Across a 3-year window, the weekly returns of ADM and LYB correlate at 0.38, moderate. The past 12 months show a tighter link (0.50) than the 3-year average (0.38). Stretching to 5 years gives 0.41, with an annualized covariance of 381.8 %².
Among the 33 assets we track against ADM, LYB ranks #7 by 3-year correlation. Over the last 12 months ADM came out ahead by 10.7 percentage points (+29.8% against +19.1%). Across three years, the rolling one-year figure varied moderately, from 0.09 to 0.56.
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 LYB: side by side
| ADM (Archer Daniels Midland) | LYB (LyondellBasell) | |
|---|---|---|
| 1-year return | +29.8% | +19.1% |
| 5-year return | +51.7% | -12.8% |
| Volatility (ann.) | 29.9% | 33.7% |
| Beta vs S&P 500 | 0.24 | 0.42 |
| Max drawdown (3Y) | -46.0% | -55.4% |
| Market cap | $38.1B | $20.4B |
| P/E (trailing) | 21.9 | – |
| Dividend yield | 2.57% | 6.58% |
| Sector / category | Consumer Staples | Materials |
Year-by-year returns
| Year | ADM | LYB |
|---|---|---|
| 2022 | +40.0% | -1.0% |
| 2023 | -20.4% | +20.7% |
| 2024 | -27.5% | -17.4% |
| 2025 | +18.2% | -36.0% |
| 2026 | +40.4% | +50.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADM and LYB good diversifiers for each other?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ADM and LYB?
As of 2026-08-27, the correlation of weekly returns between ADM and LYB is 0.38 over 3 years, 0.50 over 1 year and 0.41 over 5 years.
Is LYB a good diversifier for ADM?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.38 mean?
On the −1 to +1 scale, 0.38 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/adm-vs-lyb.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/adm-vs-lyb/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ADM correlations · LYB correlations
