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CHD vs VMAR: Correlation

Church & Dwight (CHD) and Vision Marine Technologies Inc. (VMAR) show a negative relationship: their 3-year correlation of weekly returns is -0.20.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.20
negative
Correlation (1Y)
-0.12
last 12 months
Correlation (5Y)
-0.06
long-run
Ann. covariance
-384.7
%² · weekly, annualized

How correlated are CHD and VMAR?

On 3 years of weekly data the CHD/VMAR correlation comes out at -0.20, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.12) sits close to the 3-year figure. The 5-year figure is -0.06, and annualized covariance runs at -384.7 %².

By 3-year correlation, VMAR places #22 of the 27 assets tracked against CHD. Their recent paths diverged sharply: over the last 12 months CHD outperformed by 111.4 percentage points (+11.5% for CHD against -99.9% for VMAR). One caveat on sizing: VMAR is 6.3 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.

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 VMAR: side by side

CHD (Church & Dwight)VMAR (Vision Marine Technologies Inc.)
1-year return+11.5%-99.9%
5-year return+30.0%-100.0%
Volatility (ann.)17.6%110.6%
Beta vs S&P 5000.071.13
Max drawdown (3Y)-27.3%-100.0%
Market cap$24.3B
P/E (trailing)33.0
Dividend yield1.17%0.00%
Sector / categoryConsumer StaplesUS Listed
Higher yield: CHD 1.17% vs 0.00%Smaller drawdown: CHD -27.3% vs -100.0%Higher 5y return: CHD +30.0% vs -100.0%
-100%0%+17%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). CHD · VMAR

Year-by-year returns

YearCHDVMAR
2022-20.4%-4.8%
2023+18.7%-76.4%
2024+12.0%-98.9%
2025-18.9%-98.7%
2026+23.2%-99.1%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are CHD and VMAR good diversifiers for each other?

By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.

FAQ

What is the correlation between CHD and VMAR?

As of 2026-08-27, the correlation of weekly returns between CHD and VMAR is -0.20 over 3 years, -0.12 over 1 year and -0.06 over 5 years.

Is VMAR a good diversifier for CHD?

By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.

What does a correlation of -0.20 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

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CHD vs VMAR: 3-year weekly correlation -0.20CHD vs VMAR-0.20

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Related comparisons

Hubs: CHD correlations · VMAR correlations