CHD vs CRMD: Correlation
How closely do Church & Dwight (CHD) and CorMedix Inc. (CRMD) trade together? Their weekly returns over three years give a correlation of -0.19, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHD and CRMD?
Across a 3-year window, the weekly returns of CHD and CRMD correlate at -0.19, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.23) sits close to the 3-year figure. Stretching to 5 years gives 0.00, with an annualized covariance of -256.0 %².
Among the 27 assets we track against CHD, CRMD ranks #19 by 3-year correlation. The last year tells two different stories: CHD led by 52.7 percentage points, +11.5% for CHD against -41.2% for CRMD. Risk is not evenly split, since CRMD carries 4.2 times the volatility of the other side.
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.
CHD vs CRMD: side by side
| CHD (Church & Dwight) | CRMD (CorMedix Inc.) | |
|---|---|---|
| 1-year return | +11.5% | -41.2% |
| 5-year return | +30.0% | +33.4% |
| Volatility (ann.) | 17.6% | 74.6% |
| Beta vs S&P 500 | 0.07 | 1.50 |
| Max drawdown (3Y) | -27.3% | -62.3% |
| Market cap | $24.3B | $0.6B |
| P/E (trailing) | 33.0 | 3.8 |
| Dividend yield | 1.17% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | CHD | CRMD |
|---|---|---|
| 2022 | -20.4% | -7.3% |
| 2023 | +18.7% | -10.9% |
| 2024 | +12.0% | +115.4% |
| 2025 | -18.9% | +43.6% |
| 2026 | +23.2% | -28.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHD and CRMD good diversifiers for each other?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CHD and CRMD?
Using weekly returns as of 2026-08-27: -0.19 over 3 years, with -0.23 over the last year and 0.00 over 5 years.
Is CRMD a good diversifier for CHD?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.19 mean?
A reading of -0.19 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/chd-vs-crmd.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/chd-vs-crmd/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CHD correlations · CRMD correlations
