COTY vs TROW: Correlation
Measured on weekly returns over the past three years, Coty Inc. (COTY) and T. Rowe Price (TROW) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COTY and TROW?
Across a 3-year window, the weekly returns of COTY and TROW correlate at 0.47, moderate. The link has tightened recently: the 1-year correlation (0.58) runs above the 3-year figure (0.47). Stretching to 5 years gives 0.44, with an annualized covariance of 466.4 %².
TROW is one of the assets that tracks COTY most closely: it ranks #1 out of the 10 assets we track against COTY. Correlation aside, the last 12 months split them widely, with TROW ahead by 42.4 points (-34.3% versus +8.1%). One caveat on sizing: COTY is 1.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
COTY vs TROW: side by side
| COTY (Coty Inc.) | TROW (T. Rowe Price) | |
|---|---|---|
| 1-year return | -34.3% | +8.1% |
| 5-year return | -71.0% | -37.0% |
| Volatility (ann.) | 42.5% | 23.5% |
| Beta vs S&P 500 | 1.08 | 1.10 |
| Max drawdown (3Y) | -86.0% | -34.0% |
| Market cap | $2.4B | $24.0B |
| P/E (trailing) | – | 11.3 |
| Dividend yield | 0.00% | 4.57% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | COTY | TROW |
|---|---|---|
| 2022 | -18.5% | -42.2% |
| 2023 | +45.1% | +3.4% |
| 2024 | -44.0% | +9.7% |
| 2025 | -55.7% | -4.7% |
| 2026 | -10.4% | +12.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COTY and TROW good diversifiers for each other?
Reasonably. At 0.47, COTY and TROW keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between COTY and TROW?
The COTY/TROW correlation stands at 0.47 on a 3-year window (1 year: 0.58, 5 years: 0.44), computed from weekly returns as of 2026-08-27.
Is TROW a good diversifier for COTY?
Reasonably. At 0.47, COTY and TROW keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.47 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/coty-vs-trow.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/coty-vs-trow/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: COTY correlations · TROW correlations
