CHD vs IMPP: Correlation
Church & Dwight (CHD) and Imperial Petroleum Inc. (IMPP) show a negative relationship: their 3-year correlation of weekly returns is -0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHD and IMPP?
Over the past 3 years, CHD and IMPP moved with a correlation of -0.25, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.27 over 1 year against -0.25 over 3. Over 5 years the correlation is -0.04, and the annualized covariance of weekly returns is -223.9 %².
Out of 27 assets tracked against CHD, IMPP lands near the bottom at #26. Their recent paths diverged sharply: over the last 12 months IMPP outperformed by 41.8 percentage points (+11.5% for CHD against +53.3% for IMPP). Note the risk asymmetry: IMPP runs 2.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 IMPP: side by side
| CHD (Church & Dwight) | IMPP (Imperial Petroleum Inc.) | |
|---|---|---|
| 1-year return | +11.5% | +53.3% |
| 5-year return | +30.0% | -95.5% |
| Volatility (ann.) | 17.6% | 51.6% |
| Beta vs S&P 500 | 0.07 | 0.12 |
| Max drawdown (3Y) | -27.3% | -49.8% |
| Market cap | $24.3B | $0.2B |
| P/E (trailing) | 33.0 | 3.1 |
| Dividend yield | 1.17% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | CHD | IMPP |
|---|---|---|
| 2022 | -20.4% | -88.7% |
| 2023 | +18.7% | -27.0% |
| 2024 | +12.0% | +14.0% |
| 2025 | -18.9% | +20.3% |
| 2026 | +23.2% | +39.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHD and IMPP good diversifiers for each other?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CHD and IMPP?
As of 2026-08-27, the correlation of weekly returns between CHD and IMPP is -0.25 over 3 years, -0.27 over 1 year and -0.04 over 5 years.
Is IMPP a good diversifier for CHD?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.25 mean?
A reading of -0.25 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-impp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/chd-vs-impp/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CHD correlations · IMPP correlations
