AOD vs HROW: Correlation
abrdn Total Dynamic Dividend Fund (AOD) and Harrow, Inc. (HROW) show a moderate relationship: their 3-year correlation of weekly returns is 0.43.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AOD and HROW?
On 3 years of weekly data the AOD/HROW correlation comes out at 0.43, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.57 versus 0.43 over 3 years. The 5-year figure is 0.36, and annualized covariance runs at 497.0 %².
Within AOD's tracked universe of 26 assets, HROW comes in at #21 by 3-year correlation. Correlation aside, the last 12 months split them widely, with AOD ahead by 32.4 points (+31.8% versus -0.6%). One caveat on sizing: HROW is 4.9 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 HROW: side by side
| AOD (abrdn Total Dynamic Dividend Fund) | HROW (Harrow, Inc.) | |
|---|---|---|
| 1-year return | +31.8% | -0.6% |
| 5-year return | +70.1% | +288.9% |
| Volatility (ann.) | 15.4% | 75.0% |
| Beta vs S&P 500 | 0.81 | 1.98 |
| Max drawdown (3Y) | -16.7% | -61.4% |
| Market cap | $1.1B | $1.4B |
| P/E (trailing) | 4.1 | – |
| Dividend yield | 5.46% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AOD | HROW |
|---|---|---|
| 2022 | -17.1% | +70.8% |
| 2023 | +12.7% | -24.1% |
| 2024 | +16.1% | +199.6% |
| 2025 | +32.1% | +46.1% |
| 2026 | +18.1% | -21.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AOD and HROW good diversifiers for each other?
Reasonably. At 0.43, AOD and HROW keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AOD and HROW?
Using weekly returns as of 2026-08-27: 0.43 over 3 years, with 0.57 over the last year and 0.36 over 5 years.
Is HROW a good diversifier for AOD?
Reasonably. At 0.43, AOD and HROW keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 mean?
A reading of 0.43 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aod-vs-hrow.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aod-vs-hrow/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AOD correlations · HROW correlations
