CHD vs GIS: Correlation
Measured on weekly returns over the past three years, Church & Dwight (CHD) and General Mills (GIS) 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 GIS?
On 3 years of weekly data the CHD/GIS correlation comes out at 0.33, moderate. Recent behaviour matches the longer record: 0.33 over 1 year against 0.33 over 3. The 5-year figure is 0.39, and annualized covariance runs at 118.8 %².
Among the 27 assets we track against CHD, GIS ranks #13 by 3-year correlation. The last year tells two different stories: CHD led by 24.3 percentage points, +11.5% for CHD against -12.8% for GIS. Across three years, the rolling one-year figure varied moderately, from 0.08 to 0.45.
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 GIS: side by side
| CHD (Church & Dwight) | GIS (General Mills) | |
|---|---|---|
| 1-year return | +11.5% | -12.8% |
| 5-year return | +30.0% | -14.6% |
| Volatility (ann.) | 17.6% | 20.6% |
| Beta vs S&P 500 | 0.07 | -0.05 |
| Max drawdown (3Y) | -27.3% | -53.4% |
| Market cap | $24.3B | $21.6B |
| P/E (trailing) | 33.0 | – |
| Dividend yield | 1.17% | 6.09% |
| Sector / category | Consumer Staples | Consumer Staples |
Year-by-year returns
| Year | CHD | GIS |
|---|---|---|
| 2022 | -20.4% | +28.1% |
| 2023 | +18.7% | -20.0% |
| 2024 | +12.0% | +1.4% |
| 2025 | -18.9% | -23.7% |
| 2026 | +23.2% | -8.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHD and GIS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CHD and GIS?
Using weekly returns as of 2026-08-27: 0.33 over 3 years, with 0.33 over the last year and 0.39 over 5 years.
Is GIS a good diversifier for CHD?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.33 mean?
A reading of 0.33 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-gis.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/chd-vs-gis/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CHD correlations · GIS correlations
