CHD vs SYY: Correlation
Measured on weekly returns over the past three years, Church & Dwight (CHD) and Sysco (SYY) carry a correlation of 0.38, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHD and SYY?
On 3 years of weekly data the CHD/SYY correlation comes out at 0.38, moderate. The past 12 months show a tighter link (0.50) than the 3-year average (0.38). The 5-year figure is 0.46, and annualized covariance runs at 136.2 %².
Within CHD's tracked universe of 27 assets, SYY comes in at #6 by 3-year correlation. On 12-month performance CHD holds a 5.9-point edge, +11.5% against +5.6%. The rolling one-year correlation moved between 0.10 and 0.56 over the past three years, a moderate range.
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 SYY: side by side
| CHD (Church & Dwight) | SYY (Sysco) | |
|---|---|---|
| 1-year return | +11.5% | +5.6% |
| 5-year return | +30.0% | +19.2% |
| Volatility (ann.) | 17.6% | 20.3% |
| Beta vs S&P 500 | 0.07 | 0.14 |
| Max drawdown (3Y) | -27.3% | -24.0% |
| Market cap | $24.3B | $39.5B |
| P/E (trailing) | 33.0 | 22.5 |
| Dividend yield | 1.17% | 2.61% |
| Sector / category | Consumer Staples | Consumer Staples |
Year-by-year returns
| Year | CHD | SYY |
|---|---|---|
| 2022 | -20.4% | -0.3% |
| 2023 | +18.7% | -1.7% |
| 2024 | +12.0% | +7.4% |
| 2025 | -18.9% | -1.0% |
| 2026 | +23.2% | +14.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHD and SYY good diversifiers for each other?
Reasonably. At 0.38, CHD and SYY keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CHD and SYY?
The CHD/SYY correlation stands at 0.38 on a 3-year window (1 year: 0.50, 5 years: 0.46), computed from weekly returns as of 2026-08-27.
Is SYY a good diversifier for CHD?
Reasonably. At 0.38, CHD and SYY keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.38 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-syy.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/chd-vs-syy/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CHD correlations · SYY correlations
