CHD vs MTEN: Correlation
Church & Dwight (CHD) and Mingteng International Corporation Inc. - Class A (MTEN) show a negative relationship: their 3-year correlation of weekly returns is -0.23.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHD and MTEN?
On 3 years of weekly data the CHD/MTEN correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.27 over 1 year against -0.23 over 3. The 5-year figure is n/a, and annualized covariance runs at -729.5 %².
Among the 27 assets we track against CHD, MTEN sits near the bottom by co-movement, at rank #25. The last year tells two different stories: CHD led by 111.5 percentage points, +11.5% for CHD against -100.0% for MTEN. Risk is not evenly split, since MTEN carries 10.2 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 MTEN: side by side
| CHD (Church & Dwight) | MTEN (Mingteng International Corporation Inc. - Class A) | |
|---|---|---|
| 1-year return | +11.5% | -100.0% |
| 5-year return | +30.0% | n/a |
| Volatility (ann.) | 17.6% | 179.9% |
| Beta vs S&P 500 | 0.07 | 2.36 |
| Max drawdown (3Y) | -27.3% | -100.0% |
| Market cap | $24.3B | – |
| P/E (trailing) | 33.0 | – |
| Dividend yield | 1.17% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | CHD | MTEN |
|---|---|---|
| 2022 | -20.4% | – |
| 2023 | +18.7% | – |
| 2024 | +12.0% | – |
| 2025 | -18.9% | -86.5% |
| 2026 | +23.2% | -99.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHD and MTEN good diversifiers for each other?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
FAQ
What is the correlation between CHD and MTEN?
The CHD/MTEN correlation stands at -0.23 on a 3-year window (1 year: -0.27, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is MTEN a good diversifier for CHD?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
What does a correlation of -0.23 mean?
A reading of -0.23 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-mten.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/chd-vs-mten/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CHD correlations · MTEN correlations
