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AVNT vs DD: Correlation

Measured on weekly returns over the past three years, Avient Corporation (AVNT) and DuPont (DD) carry a correlation of 0.54, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.54
moderate
Correlation (1Y)
0.46
last 12 months
Correlation (5Y)
0.57
long-run
Ann. covariance
579.1
%² · weekly, annualized

How correlated are AVNT and DD?

On 3 years of weekly data the AVNT/DD correlation comes out at 0.54, moderate. Recent behaviour matches the longer record: 0.46 over 1 year against 0.54 over 3. The 5-year figure is 0.57, and annualized covariance runs at 579.1 %².

Within AVNT's tracked universe of 35 assets, DD comes in at #22 by 3-year correlation. Correlation aside, the last 12 months split them widely, with DD ahead by 23.0 points (+21.7% versus +44.7%).

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.

AVNT vs DD: side by side

AVNT (Avient Corporation)DD (DuPont)
1-year return+21.7%+44.7%
5-year return-3.6%+64.0%
Volatility (ann.)36.9%28.8%
Beta vs S&P 5001.330.93
Max drawdown (3Y)-46.9%-37.8%
Market cap$4.1B$18.7B
P/E (trailing)23.959.1
Dividend yield2.45%2.20%
Sector / categoryUS ListedIndustrials
Lower P/E: AVNT 23.9 vs 59.1Higher yield: AVNT 2.45% vs 2.20%Smaller drawdown: DD -37.8% vs -46.9%Higher 5y return: DD +64.0% vs -3.6%
-22%0%+56%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. AVNT · DD

Year-by-year returns

YearAVNTDD
2022-38.2%-13.4%
2023+26.4%+14.4%
2024+0.6%+1.0%
2025-21.2%+28.7%
2026+43.9%+16.0%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are AVNT and DD good diversifiers for each other?

Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.

FAQ

What is the correlation between AVNT and DD?

As of 2026-08-27, the correlation of weekly returns between AVNT and DD is 0.54 over 3 years, 0.46 over 1 year and 0.57 over 5 years.

Is DD a good diversifier for AVNT?

Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.

What does a correlation of 0.54 mean?

On the −1 to +1 scale, 0.54 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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AVNT vs DD: 3-year weekly correlation 0.54AVNT vs DD0.54

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Related comparisons

Hubs: AVNT correlations · DD correlations