AGM vs AVD: Correlation
How closely do Federal Agricultural Mortgage Corporation (AGM) and American Vanguard Corporation (AVD) trade together? Their weekly returns over three years give a correlation of 0.43, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGM and AVD?
On 3 years of weekly data the AGM/AVD correlation comes out at 0.43, moderate. The past 12 months show a weaker link (0.25) than the 3-year average (0.43). The 5-year figure is 0.35, and annualized covariance runs at 837.7 %².
Among the 16 assets we track against AGM, AVD ranks #10 by 3-year correlation. Correlation aside, the last 12 months split them widely, with AGM ahead by 71.0 points (+11.4% versus -59.6%). One caveat on sizing: AVD is 2.1 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
AGM vs AVD: side by side
| AGM (Federal Agricultural Mortgage Corporation) | AVD (American Vanguard Corporation) | |
|---|---|---|
| 1-year return | +11.4% | -59.6% |
| 5-year return | +167.7% | -85.5% |
| Volatility (ann.) | 30.2% | 64.9% |
| Beta vs S&P 500 | 0.85 | 1.21 |
| Max drawdown (3Y) | -32.5% | -85.7% |
| Market cap | $2.4B | $0.1B |
| P/E (trailing) | 11.9 | – |
| Dividend yield | 2.84% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AGM | AVD |
|---|---|---|
| 2022 | -5.8% | +33.1% |
| 2023 | +74.6% | -49.0% |
| 2024 | +6.1% | -57.5% |
| 2025 | -8.0% | -17.5% |
| 2026 | +29.3% | -42.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGM and AVD good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AGM and AVD?
As of 2026-08-27, the correlation of weekly returns between AGM and AVD is 0.43 over 3 years, 0.25 over 1 year and 0.35 over 5 years.
Is AVD a good diversifier for AGM?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.43 mean?
On the −1 to +1 scale, 0.43 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/agm-vs-avd.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/agm-vs-avd/)
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Related comparisons
Hubs: AGM correlations · AVD correlations
