CCK vs DOLE: Correlation
How closely do Crown Holdings, Inc. (CCK) and Dole plc (DOLE) 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 CCK and DOLE?
On 3 years of weekly data the CCK/DOLE correlation comes out at 0.48, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.35 versus 0.48 over 3 years. The 5-year figure is 0.35, and annualized covariance runs at 286.3 %².
Among the 14 assets we track against CCK, DOLE ranks #6 by 3-year correlation. The last year tells two different stories: CCK led by 24.5 percentage points, +19.0% for CCK against -5.5% for DOLE.
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.
CCK vs DOLE: side by side
| CCK (Crown Holdings, Inc.) | DOLE (Dole plc) | |
|---|---|---|
| 1-year return | +19.0% | -5.5% |
| 5-year return | +12.7% | -3.9% |
| Volatility (ann.) | 24.9% | 24.2% |
| Beta vs S&P 500 | 0.48 | 0.28 |
| Max drawdown (3Y) | -23.1% | -27.7% |
| Market cap | $12.8B | $1.3B |
| P/E (trailing) | 17.1 | 18.5 |
| Dividend yield | 1.02% | 2.49% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CCK | DOLE |
|---|---|---|
| 2022 | -25.0% | -25.3% |
| 2023 | +13.3% | +30.8% |
| 2024 | -9.1% | +12.8% |
| 2025 | +25.9% | +12.0% |
| 2026 | +15.1% | -7.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CCK and DOLE good diversifiers for each other?
Reasonably. At 0.48, CCK and DOLE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CCK and DOLE?
Using weekly returns as of 2026-08-27: 0.48 over 3 years, with 0.35 over the last year and 0.35 over 5 years.
Is DOLE a good diversifier for CCK?
Reasonably. At 0.48, CCK and DOLE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.48 mean?
On the −1 to +1 scale, 0.48 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/cck-vs-dole.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cck-vs-dole/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CCK correlations · DOLE correlations
