CC vs TROX: Correlation
How closely do Chemours Company (The) (CC) and Tronox Holdings plc (TROX) trade together? Their weekly returns over three years give a correlation of 0.72, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CC and TROX?
On 3 years of weekly data the CC/TROX correlation comes out at 0.72, strong. The link has tightened recently: the 1-year correlation (0.83) runs above the 3-year figure (0.72). The 5-year figure is 0.69, and annualized covariance runs at 2968.1 %².
In CC's tracked universe of 13 assets, TROX sits right near the top at #1. The last year tells two different stories: TROX led by 30.6 percentage points, +6.5% for CC against +37.1% for TROX.
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 TROX: side by side
| CC (Chemours Company (The)) | TROX (Tronox Holdings plc) | |
|---|---|---|
| 1-year return | +6.5% | +37.1% |
| 5-year return | -44.8% | -67.8% |
| Volatility (ann.) | 59.7% | 69.1% |
| Beta vs S&P 500 | 1.61 | 1.88 |
| Max drawdown (3Y) | -70.9% | -84.5% |
| Market cap | $2.4B | $0.9B |
| P/E (trailing) | – | – |
| Dividend yield | 2.22% | 3.66% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CC | TROX |
|---|---|---|
| 2022 | -6.0% | -41.1% |
| 2023 | +6.5% | +7.4% |
| 2024 | -44.0% | -26.4% |
| 2025 | -27.6% | -55.6% |
| 2026 | +36.6% | +34.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CC and TROX good diversifiers for each other?
Only partially. A correlation of 0.72 means CC and TROX share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between CC and TROX?
The CC/TROX correlation stands at 0.72 on a 3-year window (1 year: 0.83, 5 years: 0.69), computed from weekly returns as of 2026-08-27.
Is TROX a good diversifier for CC?
Only partially. A correlation of 0.72 means CC and TROX share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.72 mean?
On the −1 to +1 scale, 0.72 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/cc-vs-trox.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cc-vs-trox/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CC correlations · TROX correlations
