ADM vs VERA: Correlation
Archer Daniels Midland (ADM) and Vera Therapeutics, Inc. (VERA) show a negative relationship: their 3-year correlation of weekly returns is -0.27.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADM and VERA?
Across a 3-year window, the weekly returns of ADM and VERA correlate at -0.27, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.01) than the 3-year average (-0.27). Stretching to 5 years gives -0.11, with an annualized covariance of -722.4 %².
Out of 33 assets tracked against ADM, VERA lands near the bottom at #30. Their recent paths diverged sharply: over the last 12 months VERA outperformed by 27.3 percentage points (+29.8% for ADM against +57.1% for VERA). Risk is not evenly split, since VERA carries 2.9 times the volatility of the other side.
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 VERA: side by side
| ADM (Archer Daniels Midland) | VERA (Vera Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +29.8% | +57.1% |
| 5-year return | +51.7% | +133.8% |
| Volatility (ann.) | 29.9% | 87.9% |
| Beta vs S&P 500 | 0.24 | 1.47 |
| Max drawdown (3Y) | -46.0% | -62.1% |
| Market cap | $38.1B | $2.5B |
| P/E (trailing) | 21.9 | – |
| Dividend yield | 2.57% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | ADM | VERA |
|---|---|---|
| 2022 | +40.0% | -27.6% |
| 2023 | -20.4% | -20.5% |
| 2024 | -27.5% | +175.0% |
| 2025 | +18.2% | +19.7% |
| 2026 | +40.4% | -31.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADM and VERA good diversifiers for each other?
Yes. With a correlation of -0.27, ADM and VERA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ADM and VERA?
Using weekly returns as of 2026-08-27: -0.27 over 3 years, with -0.01 over the last year and -0.11 over 5 years.
Is VERA a good diversifier for ADM?
Yes. With a correlation of -0.27, ADM and VERA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.27 mean?
A reading of -0.27 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 · VERA correlations
