ADM vs NFLX: Correlation
How closely do Archer Daniels Midland (ADM) and Netflix (NFLX) trade together? Their weekly returns over three years give a correlation of -0.17, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADM and NFLX?
Across a 3-year window, the weekly returns of ADM and NFLX correlate at -0.17, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.07) sits close to the 3-year figure. Stretching to 5 years gives -0.03, with an annualized covariance of -182.9 %².
By 3-year correlation, NFLX places #21 of the 33 assets tracked against ADM. The last year tells two different stories: ADM led by 64.5 percentage points, +29.8% for ADM against -34.7% for NFLX. The relationship is regime-dependent: the rolling one-year correlation swung between -0.41 and 0.12 over the past three years, so this pair behaves very differently depending on the market environment.
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 NFLX: side by side
| ADM (Archer Daniels Midland) | NFLX (Netflix) | |
|---|---|---|
| 1-year return | +29.8% | -34.7% |
| 5-year return | +51.7% | +41.0% |
| Volatility (ann.) | 29.9% | 35.2% |
| Beta vs S&P 500 | 0.24 | 0.99 |
| Max drawdown (3Y) | -46.0% | -49.5% |
| Market cap | $38.1B | $332.4B |
| P/E (trailing) | 21.9 | 25.7 |
| Dividend yield | 2.57% | 0.00% |
| Sector / category | Consumer Staples | Communication Services |
Year-by-year returns
| Year | ADM | NFLX |
|---|---|---|
| 2022 | +40.0% | -51.1% |
| 2023 | -20.4% | +65.1% |
| 2024 | -27.5% | +83.1% |
| 2025 | +18.2% | +5.2% |
| 2026 | +40.4% | -14.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADM and NFLX good diversifiers for each other?
Yes. With a correlation of -0.17, ADM and NFLX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ADM and NFLX?
As of 2026-08-27, the correlation of weekly returns between ADM and NFLX is -0.17 over 3 years, -0.07 over 1 year and -0.03 over 5 years.
Is NFLX a good diversifier for ADM?
Yes. With a correlation of -0.17, ADM and NFLX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.17 mean?
On the −1 to +1 scale, -0.17 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-nflx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/adm-vs-nflx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ADM correlations · NFLX correlations
