ADM vs SDRL: Correlation
Archer Daniels Midland (ADM) and Seadrill Limited (SDRL) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADM and SDRL?
On 3 years of weekly data the ADM/SDRL correlation comes out at 0.40, moderate. Little has changed lately, as the 1-year reading of 0.40 lands near the 3-year figure. The 5-year figure is 0.39, and annualized covariance runs at 467.8 %².
Within ADM's tracked universe of 33 assets, SDRL comes in at #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months SDRL outperformed by 21.5 percentage points (+29.8% for ADM against +51.3% for SDRL).
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 SDRL: side by side
| ADM (Archer Daniels Midland) | SDRL (Seadrill Limited) | |
|---|---|---|
| 1-year return | +29.8% | +51.3% |
| 5-year return | +51.7% | n/a |
| Volatility (ann.) | 29.9% | 38.9% |
| Beta vs S&P 500 | 0.24 | 0.91 |
| Max drawdown (3Y) | -46.0% | -66.1% |
| Market cap | $38.1B | $3.0B |
| P/E (trailing) | 21.9 | 1612.7 |
| Dividend yield | 2.57% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | ADM | SDRL |
|---|---|---|
| 2022 | +40.0% | – |
| 2023 | -20.4% | +44.9% |
| 2024 | -27.5% | -17.7% |
| 2025 | +18.2% | -11.1% |
| 2026 | +40.4% | +39.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADM and SDRL good diversifiers for each other?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ADM and SDRL?
As of 2026-08-27, the correlation of weekly returns between ADM and SDRL is 0.40 over 3 years, 0.40 over 1 year and 0.39 over 5 years.
Is SDRL a good diversifier for ADM?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.40 mean?
A reading of 0.40 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-sdrl.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/adm-vs-sdrl/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ADM correlations · SDRL correlations
