ALB vs CRH: Correlation
Albemarle Corporation (ALB) and CRH plc (CRH) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALB and CRH?
Across a 3-year window, the weekly returns of ALB and CRH correlate at 0.39, moderate. The link has loosened recently: the 1-year correlation (0.25) runs below the 3-year figure (0.39). Stretching to 5 years gives 0.40, with an annualized covariance of 624.5 %².
Within ALB's tracked universe of 36 assets, CRH comes in at #22 by 3-year correlation. The last year tells two different stories: ALB led by 71.5 percentage points, +56.9% for ALB against -14.6% for CRH. The rolling one-year correlation moved between 0.25 and 0.59 over the past three years, a moderate range. One caveat on sizing: ALB is 1.8 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.
ALB vs CRH: side by side
| ALB (Albemarle Corporation) | CRH (CRH plc) | |
|---|---|---|
| 1-year return | +56.9% | -14.6% |
| 5-year return | -39.2% | +104.1% |
| Volatility (ann.) | 54.3% | 29.7% |
| Beta vs S&P 500 | 1.62 | 1.26 |
| Max drawdown (3Y) | -74.1% | -28.4% |
| Market cap | $16.0B | $63.6B |
| P/E (trailing) | 502.9 | 17.2 |
| Dividend yield | 1.20% | 1.57% |
| Sector / category | Materials | Materials |
Year-by-year returns
| Year | ALB | CRH |
|---|---|---|
| 2022 | -6.6% | -20.5% |
| 2023 | -32.8% | +81.3% |
| 2024 | -39.5% | +35.9% |
| 2025 | +67.7% | +35.9% |
| 2026 | -3.5% | -22.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALB and CRH good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ALB and CRH?
Using weekly returns as of 2026-08-27: 0.39 over 3 years, with 0.25 over the last year and 0.40 over 5 years.
Is CRH a good diversifier for ALB?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.39 mean?
On the −1 to +1 scale, 0.39 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/alb-vs-crh.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/alb-vs-crh/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ALB correlations · CRH correlations
