CL vs SOC: Correlation
Colgate-Palmolive (CL) and Sable Offshore Corp. (SOC) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CL and SOC?
Across a 3-year window, the weekly returns of CL and SOC correlate at -0.24, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.44 versus -0.24 over 3 years. Stretching to 5 years gives -0.18, with an annualized covariance of -407.0 %².
Among the 40 assets we track against CL, SOC sits near the bottom by co-movement, at rank #36. The last year tells two different stories: CL led by 94.0 percentage points, +10.4% for CL against -83.6% for SOC. Note the risk asymmetry: SOC runs 6.0 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.
CL vs SOC: side by side
| CL (Colgate-Palmolive) | SOC (Sable Offshore Corp.) | |
|---|---|---|
| 1-year return | +10.4% | -83.6% |
| 5-year return | +32.0% | -51.7% |
| Volatility (ann.) | 16.9% | 101.7% |
| Beta vs S&P 500 | 0.17 | 0.03 |
| Max drawdown (3Y) | -29.0% | -90.7% |
| Market cap | $72.5B | $0.9B |
| P/E (trailing) | 36.2 | – |
| Dividend yield | 2.27% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | CL | SOC |
|---|---|---|
| 2022 | -5.4% | +3.4% |
| 2023 | +3.8% | +13.3% |
| 2024 | +16.6% | +101.1% |
| 2025 | -11.0% | -60.6% |
| 2026 | +17.2% | -48.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CL and SOC good diversifiers for each other?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
FAQ
What is the correlation between CL and SOC?
The CL/SOC correlation stands at -0.24 on a 3-year window (1 year: -0.44, 5 years: -0.18), computed from weekly returns as of 2026-08-27.
Is SOC a good diversifier for CL?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
What does a correlation of -0.24 mean?
On the −1 to +1 scale, -0.24 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cl-vs-soc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cl-vs-soc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CL correlations · SOC correlations
