PairBook
HomeCLX › CLX vs RPM

CLX vs RPM: Correlation

How closely do Clorox (CLX) and RPM International Inc. (RPM) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.

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

Correlation (3Y)
0.45
moderate
Correlation (1Y)
0.56
last 12 months
Correlation (5Y)
0.41
long-run
Ann. covariance
274.6
%² · weekly, annualized

How correlated are CLX and RPM?

On 3 years of weekly data the CLX/RPM correlation comes out at 0.45, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.56 versus 0.45 over 3 years. The 5-year figure is 0.41, and annualized covariance runs at 274.6 %².

By 3-year correlation, RPM places #12 of the 32 assets tracked against CLX. On 12-month performance CLX holds a 5.5-point edge, -8.8% against -14.3%.

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 RPM: side by side

CLX (Clorox)RPM (RPM International Inc.)
1-year return-8.8%-14.3%
5-year return-26.0%+38.7%
Volatility (ann.)24.4%25.0%
Beta vs S&P 5000.390.85
Max drawdown (3Y)-46.1%-32.0%
Market cap$12.5B$13.5B
P/E (trailing)21.720.7
Dividend yield4.77%1.99%
Sector / categoryConsumer StaplesUS Listed
Lower P/E: RPM 20.7 vs 21.7Higher yield: CLX 4.77% vs 1.99%Smaller drawdown: RPM -32.0% vs -46.1%Higher 5y return: RPM +38.7% vs -26.0%
-29%0%+2%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. CLX · RPM

Year-by-year returns

YearCLXRPM
2022-17.0%-1.7%
2023+5.0%+16.8%
2024+17.7%+12.1%
2025-35.6%-13.9%
2026+6.5%+3.2%

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

Are CLX and RPM good diversifiers for each other?

A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between CLX and RPM?

The CLX/RPM correlation stands at 0.45 on a 3-year window (1 year: 0.56, 5 years: 0.41), computed from weekly returns as of 2026-08-27.

Is RPM a good diversifier for CLX?

A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.45 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/clx-vs-rpm.json

CLX vs RPM: 3-year weekly correlation 0.45CLX vs RPM0.45

Embed this badge (it refreshes with the data), with attribution:

[![CLX vs RPM correlation](https://www.pairbook.io/api/v1/badge/clx-vs-rpm.svg)](https://www.pairbook.io/pair/clx-vs-rpm/)

The core API is free. Terms and every endpoint in the API documentation.

Related comparisons

Hubs: CLX correlations · RPM correlations