CHD vs FND: Correlation
Measured on weekly returns over the past three years, Church & Dwight (CHD) and Floor & Decor Holdings, Inc. (FND) carry a correlation of 0.33, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHD and FND?
On 3 years of weekly data the CHD/FND correlation comes out at 0.33, moderate. The past 12 months show a tighter link (0.44) than the 3-year average (0.33). The 5-year figure is 0.30, and annualized covariance runs at 236.2 %².
Among the 27 assets we track against CHD, FND ranks #12 by 3-year correlation. Correlation aside, the last 12 months split them widely, with CHD ahead by 46.8 points (+11.5% versus -35.3%). Risk is not evenly split, since FND carries 2.3 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 FND: side by side
| CHD (Church & Dwight) | FND (Floor & Decor Holdings, Inc.) | |
|---|---|---|
| 1-year return | +11.5% | -35.3% |
| 5-year return | +30.0% | -56.3% |
| Volatility (ann.) | 17.6% | 40.8% |
| Beta vs S&P 500 | 0.07 | 1.32 |
| Max drawdown (3Y) | -27.3% | -67.5% |
| Market cap | $24.3B | $5.7B |
| P/E (trailing) | 33.0 | 25.4 |
| Dividend yield | 1.17% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | CHD | FND |
|---|---|---|
| 2022 | -20.4% | -46.4% |
| 2023 | +18.7% | +60.2% |
| 2024 | +12.0% | -10.6% |
| 2025 | -18.9% | -38.9% |
| 2026 | +23.2% | -12.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHD and FND good diversifiers for each other?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CHD and FND?
The CHD/FND correlation stands at 0.33 on a 3-year window (1 year: 0.44, 5 years: 0.30), computed from weekly returns as of 2026-08-27.
Is FND a good diversifier for CHD?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.33 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/chd-vs-fnd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/chd-vs-fnd/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CHD correlations · FND correlations
