CTVA vs FUND: Correlation
Corteva (CTVA) and Sprott Focus Trust, Inc. - Closed End Fund (FUND) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CTVA and FUND?
Over the past 3 years, CTVA and FUND moved with a correlation of 0.44, which is moderate. The link has loosened recently: the 1-year correlation (0.09) runs below the 3-year figure (0.44). Over 5 years the correlation is 0.53, and the annualized covariance of weekly returns is 209.0 %².
Among the 34 assets we track against CTVA, FUND ranks #9 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months FUND outperformed by 28.2 percentage points (+10.9% for CTVA against +39.1% for FUND).
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.
CTVA vs FUND: side by side
| CTVA (Corteva) | FUND (Sprott Focus Trust, Inc. - Closed End Fund) | |
|---|---|---|
| 1-year return | +10.9% | +39.1% |
| 5-year return | +98.2% | +83.0% |
| Volatility (ann.) | 26.8% | 17.9% |
| Beta vs S&P 500 | 0.43 | 0.77 |
| Max drawdown (3Y) | -20.7% | -18.2% |
| Market cap | $55.0B | $0.3B |
| P/E (trailing) | 50.2 | 5.8 |
| Dividend yield | 0.87% | 5.36% |
| Sector / category | Materials | US Listed |
Year-by-year returns
| Year | CTVA | FUND |
|---|---|---|
| 2022 | +25.6% | -1.2% |
| 2023 | -17.5% | +6.9% |
| 2024 | +20.2% | -1.0% |
| 2025 | +18.9% | +27.5% |
| 2026 | +23.5% | +26.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CTVA and FUND good diversifiers for each other?
Reasonably. At 0.44, CTVA and FUND keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CTVA and FUND?
As of 2026-08-27, the correlation of weekly returns between CTVA and FUND is 0.44 over 3 years, 0.09 over 1 year and 0.53 over 5 years.
Is FUND a good diversifier for CTVA?
Reasonably. At 0.44, CTVA and FUND keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.44 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/ctva-vs-fund.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ctva-vs-fund/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CTVA correlations · FUND correlations
