CLX vs MCD: Correlation
Clorox (CLX) and McDonald's (MCD) show a moderate relationship: their 3-year correlation of weekly returns is 0.43.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CLX and MCD?
Over the past 3 years, CLX and MCD moved with a correlation of 0.43, which is moderate. The relationship has been stable: the 1-year correlation (0.44) sits close to the 3-year figure. Over 5 years the correlation is 0.44, and the annualized covariance of weekly returns is 185.3 %².
Within CLX's tracked universe of 32 assets, MCD comes in at #15 by 3-year correlation. Over the last 12 months CLX came out ahead by 5.7 percentage points (-8.8% against -14.5%). This link changes with the market regime, having swung between 0.07 and 0.64 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.
CLX vs MCD: side by side
| CLX (Clorox) | MCD (McDonald's) | |
|---|---|---|
| 1-year return | -8.8% | -14.5% |
| 5-year return | -26.0% | +23.3% |
| Volatility (ann.) | 24.4% | 17.8% |
| Beta vs S&P 500 | 0.39 | 0.30 |
| Max drawdown (3Y) | -46.1% | -22.8% |
| Market cap | $12.5B | $184.0B |
| P/E (trailing) | 21.7 | 21.7 |
| Dividend yield | 4.77% | 2.75% |
| Sector / category | Consumer Staples | Consumer Discretionary |
Year-by-year returns
| Year | CLX | MCD |
|---|---|---|
| 2022 | -17.0% | +0.5% |
| 2023 | +5.0% | +15.1% |
| 2024 | +17.7% | +0.1% |
| 2025 | -35.6% | +7.9% |
| 2026 | +6.5% | -13.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CLX and MCD good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CLX and MCD?
As of 2026-08-27, the correlation of weekly returns between CLX and MCD is 0.43 over 3 years, 0.44 over 1 year and 0.44 over 5 years.
Is MCD a good diversifier for CLX?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.43 mean?
A reading of 0.43 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/clx-vs-mcd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/clx-vs-mcd/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CLX correlations · MCD correlations
