CLX vs MKC: Correlation
How closely do Clorox (CLX) and McCormick & Company (MKC) trade together? Their weekly returns over three years give a correlation of 0.41, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CLX and MKC?
Over the past 3 years, CLX and MKC moved with a correlation of 0.41, which is moderate. Recent behaviour matches the longer record: 0.45 over 1 year against 0.41 over 3. Over 5 years the correlation is 0.37, and the annualized covariance of weekly returns is 268.1 %².
Among the 32 assets we track against CLX, MKC ranks #17 by 3-year correlation. The trailing year gives CLX the advantage: -8.8% versus -20.3%, a 11.5-point spread. The rolling one-year correlation moved between 0.07 and 0.44 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.
CLX vs MKC: side by side
| CLX (Clorox) | MKC (McCormick & Company) | |
|---|---|---|
| 1-year return | -8.8% | -20.3% |
| 5-year return | -26.0% | -28.5% |
| Volatility (ann.) | 24.4% | 26.5% |
| Beta vs S&P 500 | 0.39 | 0.24 |
| Max drawdown (3Y) | -46.1% | -44.3% |
| Market cap | $12.5B | $14.7B |
| P/E (trailing) | 21.7 | 9.2 |
| Dividend yield | 4.77% | 3.38% |
| Sector / category | Consumer Staples | Consumer Staples |
Year-by-year returns
| Year | CLX | MKC |
|---|---|---|
| 2022 | -17.0% | -12.7% |
| 2023 | +5.0% | -15.7% |
| 2024 | +17.7% | +14.0% |
| 2025 | -35.6% | -8.3% |
| 2026 | +6.5% | -18.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CLX and MKC good diversifiers for each other?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CLX and MKC?
As of 2026-08-27, the correlation of weekly returns between CLX and MKC is 0.41 over 3 years, 0.45 over 1 year and 0.37 over 5 years.
Is MKC a good diversifier for CLX?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.41 mean?
A reading of 0.41 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-mkc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/clx-vs-mkc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CLX correlations · MKC correlations
