CLX vs SYK: Correlation
Clorox (CLX) and Stryker Corporation (SYK) show a moderate relationship: their 3-year correlation of weekly returns is 0.48.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CLX and SYK?
On 3 years of weekly data the CLX/SYK correlation comes out at 0.48, moderate. Recent behaviour matches the longer record: 0.47 over 1 year against 0.48 over 3. The 5-year figure is 0.42, and annualized covariance runs at 251.1 %².
By 3-year correlation, SYK places #4 of the 32 assets tracked against CLX. The trailing year gives CLX the advantage: -8.8% versus -17.2%, a 8.4-point spread. On a rolling one-year basis the correlation drifted between 0.26 and 0.61, a moderate band.
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 SYK: side by side
| CLX (Clorox) | SYK (Stryker Corporation) | |
|---|---|---|
| 1-year return | -8.8% | -17.2% |
| 5-year return | -26.0% | +23.8% |
| Volatility (ann.) | 24.4% | 21.5% |
| Beta vs S&P 500 | 0.39 | 0.61 |
| Max drawdown (3Y) | -46.1% | -29.4% |
| Market cap | $12.5B | $123.6B |
| P/E (trailing) | 21.7 | 34.1 |
| Dividend yield | 4.77% | 1.06% |
| Sector / category | Consumer Staples | Health Care |
Year-by-year returns
| Year | CLX | SYK |
|---|---|---|
| 2022 | -17.0% | -7.4% |
| 2023 | +5.0% | +23.8% |
| 2024 | +17.7% | +21.3% |
| 2025 | -35.6% | -1.5% |
| 2026 | +6.5% | -7.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CLX and SYK good diversifiers for each other?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CLX and SYK?
As of 2026-08-27, the correlation of weekly returns between CLX and SYK is 0.48 over 3 years, 0.47 over 1 year and 0.42 over 5 years.
Is SYK a good diversifier for CLX?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.48 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/clx-vs-syk.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/clx-vs-syk/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CLX correlations · SYK correlations
