AMCR vs SON: Correlation
Amcor (AMCR) and Sonoco Products Company (SON) show a strong relationship: their 3-year correlation of weekly returns is 0.60.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMCR and SON?
Over the past 3 years, AMCR and SON moved with a correlation of 0.60, which is strong. Little has changed lately, as the 1-year reading of 0.64 lands near the 3-year figure. Over 5 years the correlation is 0.63, and the annualized covariance of weekly returns is 379.2 %².
SON is one of the assets that tracks AMCR most closely: it ranks #1 out of the 36 assets we track against AMCR. On 12-month performance SON holds a 13.9-point edge, +12.6% against +26.5%.
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.
AMCR vs SON: side by side
| AMCR (Amcor) | SON (Sonoco Products Company) | |
|---|---|---|
| 1-year return | +12.6% | +26.5% |
| 5-year return | -9.8% | +4.8% |
| Volatility (ann.) | 24.5% | 25.7% |
| Beta vs S&P 500 | 0.46 | 0.62 |
| Max drawdown (3Y) | -32.0% | -32.5% |
| Market cap | $21.5B | $5.6B |
| P/E (trailing) | 19.8 | 8.9 |
| Dividend yield | 5.51% | 3.70% |
| Sector / category | Materials | US Listed |
Year-by-year returns
| Year | AMCR | SON |
|---|---|---|
| 2022 | +3.2% | +8.3% |
| 2023 | -15.0% | -4.7% |
| 2024 | +2.6% | -9.1% |
| 2025 | -9.0% | -6.3% |
| 2026 | +14.9% | +33.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMCR and SON good diversifiers for each other?
To a limited degree. At 0.60 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between AMCR and SON?
The AMCR/SON correlation stands at 0.60 on a 3-year window (1 year: 0.64, 5 years: 0.63), computed from weekly returns as of 2026-08-27.
Is SON a good diversifier for AMCR?
To a limited degree. At 0.60 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.60 mean?
A reading of 0.60 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: AMCR correlations · SON correlations
