CC vs ECVT: Correlation
How closely do Chemours Company (The) (CC) and Ecovyst Inc. (ECVT) trade together? Their weekly returns over three years give a correlation of 0.48, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CC and ECVT?
Across a 3-year window, the weekly returns of CC and ECVT correlate at 0.48, moderate. Recent behaviour matches the longer record: 0.57 over 1 year against 0.48 over 3. Stretching to 5 years gives 0.43, with an annualized covariance of 1132.6 %².
Within CC's tracked universe of 13 assets, ECVT comes in at #6 by 3-year correlation. Over the last 12 months ECVT came out ahead by 5.0 percentage points (+6.5% against +11.5%). Note the risk asymmetry: CC runs 1.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
CC vs ECVT: side by side
| CC (Chemours Company (The)) | ECVT (Ecovyst Inc.) | |
|---|---|---|
| 1-year return | +6.5% | +11.5% |
| 5-year return | -44.8% | -23.2% |
| Volatility (ann.) | 59.7% | 39.7% |
| Beta vs S&P 500 | 1.61 | 0.82 |
| Max drawdown (3Y) | -70.9% | -52.2% |
| Market cap | $2.4B | $1.1B |
| P/E (trailing) | – | 44.1 |
| Dividend yield | 2.22% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CC | ECVT |
|---|---|---|
| 2022 | -6.0% | -13.5% |
| 2023 | +6.5% | +10.3% |
| 2024 | -44.0% | -21.8% |
| 2025 | -27.6% | +27.4% |
| 2026 | +36.6% | +4.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CC and ECVT good diversifiers for each other?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CC and ECVT?
The CC/ECVT correlation stands at 0.48 on a 3-year window (1 year: 0.57, 5 years: 0.43), computed from weekly returns as of 2026-08-27.
Is ECVT a good diversifier for CC?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.48 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cc-vs-ecvt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cc-vs-ecvt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CC correlations · ECVT correlations
