AOS vs DD: Correlation
Measured on weekly returns over the past three years, A. O. Smith (AOS) and DuPont (DD) carry a correlation of 0.49, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AOS and DD?
Across a 3-year window, the weekly returns of AOS and DD correlate at 0.49, moderate. Recent behaviour matches the longer record: 0.42 over 1 year against 0.49 over 3. Stretching to 5 years gives 0.53, with an annualized covariance of 332.0 %².
By 3-year correlation, DD places #20 of the 33 assets tracked against AOS. Correlation aside, the last 12 months split them widely, with DD ahead by 57.3 points (-12.6% versus +44.7%). The rolling one-year correlation moved between 0.31 and 0.73 over the past three years, a moderate range.
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.
AOS vs DD: side by side
| AOS (A. O. Smith) | DD (DuPont) | |
|---|---|---|
| 1-year return | -12.6% | +44.7% |
| 5-year return | -6.7% | +64.0% |
| Volatility (ann.) | 23.5% | 28.8% |
| Beta vs S&P 500 | 0.67 | 0.93 |
| Max drawdown (3Y) | -36.9% | -37.8% |
| Market cap | $8.4B | $18.7B |
| P/E (trailing) | 17.4 | 59.1 |
| Dividend yield | 2.27% | 2.20% |
| Sector / category | Industrials | Industrials |
Year-by-year returns
| Year | AOS | DD |
|---|---|---|
| 2022 | -32.1% | -13.4% |
| 2023 | +46.7% | +14.4% |
| 2024 | -15.9% | +1.0% |
| 2025 | +0.1% | +28.7% |
| 2026 | -5.8% | +16.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AOS and DD good diversifiers for each other?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AOS and DD?
The AOS/DD correlation stands at 0.49 on a 3-year window (1 year: 0.42, 5 years: 0.53), computed from weekly returns as of 2026-08-27.
Is DD a good diversifier for AOS?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.49 mean?
On the −1 to +1 scale, 0.49 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/aos-vs-dd.json
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Related comparisons
Hubs: AOS correlations · DD correlations
