ADM vs WNW: Correlation
Measured on weekly returns over the past three years, Archer Daniels Midland (ADM) and Meiwu Technology Company Limited (WNW) carry a correlation of -0.20, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADM and WNW?
Over the past 3 years, ADM and WNW moved with a correlation of -0.20, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.01 versus -0.20 over 3 years. Over 5 years the correlation is -0.17, and the annualized covariance of weekly returns is -1025.9 %².
Among the 33 assets we track against ADM, WNW ranks #23 by 3-year correlation. The last year tells two different stories: ADM led by 127.9 percentage points, +29.8% for ADM against -98.1% for WNW. Risk is not evenly split, since WNW carries 5.6 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 WNW: side by side
| ADM (Archer Daniels Midland) | WNW (Meiwu Technology Company Limited) | |
|---|---|---|
| 1-year return | +29.8% | -98.1% |
| 5-year return | +51.7% | -100.0% |
| Volatility (ann.) | 29.9% | 167.8% |
| Beta vs S&P 500 | 0.24 | 1.36 |
| Max drawdown (3Y) | -46.0% | -100.0% |
| Market cap | $38.1B | $0.1B |
| P/E (trailing) | 21.9 | – |
| Dividend yield | 2.57% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | ADM | WNW |
|---|---|---|
| 2022 | +40.0% | -91.9% |
| 2023 | -20.4% | -49.4% |
| 2024 | -27.5% | -38.5% |
| 2025 | +18.2% | -96.7% |
| 2026 | +40.4% | -97.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADM and WNW good diversifiers for each other?
Yes. With a correlation of -0.20, ADM and WNW have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ADM and WNW?
As of 2026-08-27, the correlation of weekly returns between ADM and WNW is -0.20 over 3 years, 0.01 over 1 year and -0.17 over 5 years.
Is WNW a good diversifier for ADM?
Yes. With a correlation of -0.20, ADM and WNW have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.20 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/adm-vs-wnw.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/adm-vs-wnw/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ADM correlations · WNW correlations
