ATR vs PG: Correlation
AptarGroup, Inc. (ATR) and Procter & Gamble (PG) 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 ATR and PG?
On 3 years of weekly data the ATR/PG correlation comes out at 0.43, moderate. The link has tightened recently: the 1-year correlation (0.55) runs above the 3-year figure (0.43). The 5-year figure is 0.52, and annualized covariance runs at 139.8 %².
Among the 19 assets we track against ATR, PG ranks #13 by 3-year correlation. Neither side won the trailing year by much: -3.3% against -6.1%.
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.
ATR vs PG: side by side
| ATR (AptarGroup, Inc.) | PG (Procter & Gamble) | |
|---|---|---|
| 1-year return | -3.3% | -6.1% |
| 5-year return | +4.9% | +13.9% |
| Volatility (ann.) | 21.0% | 15.3% |
| Beta vs S&P 500 | 0.53 | 0.19 |
| Max drawdown (3Y) | -35.2% | -21.2% |
| Market cap | $8.4B | $332.7B |
| P/E (trailing) | 24.4 | 21.9 |
| Dividend yield | 1.40% | 2.94% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | ATR | PG |
|---|---|---|
| 2022 | -8.9% | -5.0% |
| 2023 | +13.9% | -0.9% |
| 2024 | +28.6% | +17.3% |
| 2025 | -21.4% | -12.3% |
| 2026 | +10.2% | +2.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATR and PG good diversifiers for each other?
Reasonably. At 0.43, ATR and PG keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ATR and PG?
The ATR/PG correlation stands at 0.43 on a 3-year window (1 year: 0.55, 5 years: 0.52), computed from weekly returns as of 2026-08-27.
Is PG a good diversifier for ATR?
Reasonably. At 0.43, ATR and PG keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 mean?
On the −1 to +1 scale, 0.43 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.
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Related comparisons
Hubs: ATR correlations · PG correlations
