CL vs TSN: Correlation
How closely do Colgate-Palmolive (CL) and Tyson Foods (TSN) trade together? Their weekly returns over three years give a correlation of 0.42, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CL and TSN?
Across a 3-year window, the weekly returns of CL and TSN correlate at 0.42, moderate. Little has changed lately, as the 1-year reading of 0.32 lands near the 3-year figure. Stretching to 5 years gives 0.34, with an annualized covariance of 162.8 %².
Within CL's tracked universe of 40 assets, TSN comes in at #20 by 3-year correlation. Over the last 12 months CL came out ahead by 10.7 percentage points (+10.4% against -0.3%). This link changes with the market regime, having swung between -0.02 and 0.59 on a rolling one-year basis.
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 TSN: side by side
| CL (Colgate-Palmolive) | TSN (Tyson Foods) | |
|---|---|---|
| 1-year return | +10.4% | -0.3% |
| 5-year return | +32.0% | -17.3% |
| Volatility (ann.) | 16.9% | 22.8% |
| Beta vs S&P 500 | 0.17 | 0.19 |
| Max drawdown (3Y) | -29.0% | -20.3% |
| Market cap | $72.5B | $19.5B |
| P/E (trailing) | 36.2 | 35.0 |
| Dividend yield | 2.27% | 0.88% |
| Sector / category | Consumer Staples | Consumer Staples |
Year-by-year returns
| Year | CL | TSN |
|---|---|---|
| 2022 | -5.4% | -26.9% |
| 2023 | +3.8% | -10.4% |
| 2024 | +16.6% | +10.5% |
| 2025 | -11.0% | +5.7% |
| 2026 | +17.2% | -4.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CL and TSN good diversifiers for each other?
Reasonably. At 0.42, CL and TSN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CL and TSN?
As of 2026-08-27, the correlation of weekly returns between CL and TSN is 0.42 over 3 years, 0.32 over 1 year and 0.34 over 5 years.
Is TSN a good diversifier for CL?
Reasonably. At 0.42, CL and TSN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.42 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/cl-vs-tsn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cl-vs-tsn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CL correlations · TSN correlations
