AOD vs HAS: Correlation
How closely do abrdn Total Dynamic Dividend Fund (AOD) and Hasbro (HAS) trade together? Their weekly returns over three years give a correlation of 0.49, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AOD and HAS?
On 3 years of weekly data the AOD/HAS correlation comes out at 0.49, moderate. Little has changed lately, as the 1-year reading of 0.43 lands near the 3-year figure. The 5-year figure is 0.48, and annualized covariance runs at 239.9 %².
Within AOD's tracked universe of 26 assets, HAS comes in at #19 by 3-year correlation. The trailing year gives AOD the advantage: +31.8% versus +19.2%, a 12.6-point spread. One caveat on sizing: HAS 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.
AOD vs HAS: side by side
| AOD (abrdn Total Dynamic Dividend Fund) | HAS (Hasbro) | |
|---|---|---|
| 1-year return | +31.8% | +19.2% |
| 5-year return | +70.1% | +17.1% |
| Volatility (ann.) | 15.4% | 31.7% |
| Beta vs S&P 500 | 0.81 | 0.86 |
| Max drawdown (3Y) | -16.7% | -40.3% |
| Market cap | $1.1B | $13.3B |
| P/E (trailing) | 4.1 | 17.1 |
| Dividend yield | 5.46% | 2.91% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | AOD | HAS |
|---|---|---|
| 2022 | -17.1% | -37.9% |
| 2023 | +12.7% | -11.9% |
| 2024 | +16.1% | +14.8% |
| 2025 | +32.1% | +52.5% |
| 2026 | +18.1% | +17.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AOD and HAS good diversifiers for each other?
Reasonably. At 0.49, AOD and HAS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AOD and HAS?
The AOD/HAS correlation stands at 0.49 on a 3-year window (1 year: 0.43, 5 years: 0.48), computed from weekly returns as of 2026-08-27.
Is HAS a good diversifier for AOD?
Reasonably. At 0.49, AOD and HAS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.49 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/aod-vs-has.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aod-vs-has/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AOD correlations · HAS correlations
