CNH vs MOS: Correlation
How closely do CNH Industrial N.V. (CNH) and Mosaic Company (The) (MOS) 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
How correlated are CNH and MOS?
Over the past 3 years, CNH and MOS moved with a correlation of 0.45, which is moderate. Little has changed lately, as the 1-year reading of 0.43 lands near the 3-year figure. Over 5 years the correlation is 0.43, and the annualized covariance of weekly returns is 545.8 %².
Within CNH's tracked universe of 15 assets, MOS comes in at #9 by 3-year correlation. Correlation aside, the last 12 months split them widely, with CNH ahead by 22.2 points (-4.4% versus -26.6%).
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.
CNH vs MOS: side by side
| CNH (CNH Industrial N.V.) | MOS (Mosaic Company (The)) | |
|---|---|---|
| 1-year return | -4.4% | -26.6% |
| 5-year return | -12.0% | -17.1% |
| Volatility (ann.) | 33.5% | 36.6% |
| Beta vs S&P 500 | 0.73 | 0.78 |
| Max drawdown (3Y) | -33.2% | -45.7% |
| Market cap | $18.4B | $7.6B |
| P/E (trailing) | 45.7 | – |
| Dividend yield | 0.86% | 3.64% |
| Sector / category | US Listed | Materials |
Year-by-year returns
| Year | CNH | MOS |
|---|---|---|
| 2022 | -3.2% | +12.8% |
| 2023 | -22.0% | -16.4% |
| 2024 | -3.1% | -29.1% |
| 2025 | -17.1% | +1.1% |
| 2026 | +25.2% | +0.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CNH and MOS good diversifiers for each other?
Reasonably. At 0.45, CNH and MOS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CNH and MOS?
As of 2026-08-27, the correlation of weekly returns between CNH and MOS is 0.45 over 3 years, 0.43 over 1 year and 0.43 over 5 years.
Is MOS a good diversifier for CNH?
Reasonably. At 0.45, CNH and MOS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.45 mean?
On the −1 to +1 scale, 0.45 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cnh-vs-mos.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cnh-vs-mos/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CNH correlations · MOS correlations
