AUBN vs CME: Correlation
Auburn National Bancorporation, Inc. (AUBN) and CME Group (CME) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUBN and CME?
On 3 years of weekly data the AUBN/CME correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.47) than the 3-year average (-0.22). The 5-year figure is -0.13, and annualized covariance runs at -138.8 %².
CME is close to the least connected end of AUBN's tracked universe, ranking #10 of 12. Twelve-month performance is nearly a tie, at +10.1% for AUBN and +8.1% for CME. One caveat on sizing: AUBN is 1.6 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.
AUBN vs CME: side by side
| AUBN (Auburn National Bancorporation, Inc.) | CME (CME Group) | |
|---|---|---|
| 1-year return | +10.1% | +8.1% |
| 5-year return | -4.9% | +73.9% |
| Volatility (ann.) | 31.8% | 20.0% |
| Beta vs S&P 500 | 0.04 | 0.12 |
| Max drawdown (3Y) | -24.5% | -31.1% |
| Market cap | $0.1B | $101.0B |
| P/E (trailing) | 10.9 | 23.8 |
| Dividend yield | 4.06% | 1.82% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | AUBN | CME |
|---|---|---|
| 2022 | -26.0% | -22.9% |
| 2023 | -2.8% | +31.3% |
| 2024 | +16.3% | +15.4% |
| 2025 | +20.2% | +19.8% |
| 2026 | -0.2% | +5.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUBN and CME good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AUBN and CME?
As of 2026-08-27, the correlation of weekly returns between AUBN and CME is -0.22 over 3 years, -0.47 over 1 year and -0.13 over 5 years.
Is CME a good diversifier for AUBN?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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/aubn-vs-cme.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aubn-vs-cme/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AUBN correlations · CME correlations
