CTVA vs NTR: Correlation
Measured on weekly returns over the past three years, Corteva (CTVA) and Nutrien Ltd. (NTR) carry a correlation of 0.43, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CTVA and NTR?
On 3 years of weekly data the CTVA/NTR correlation comes out at 0.43, moderate. Little has changed lately, as the 1-year reading of 0.34 lands near the 3-year figure. The 5-year figure is 0.44, and annualized covariance runs at 324.8 %².
Within CTVA's tracked universe of 34 assets, NTR comes in at #10 by 3-year correlation. Correlation aside, the last 12 months split them widely, with NTR ahead by 16.8 points (+10.9% versus +27.7%).
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 NTR: side by side
| CTVA (Corteva) | NTR (Nutrien Ltd.) | |
|---|---|---|
| 1-year return | +10.9% | +27.7% |
| 5-year return | +98.2% | +39.5% |
| Volatility (ann.) | 26.8% | 28.2% |
| Beta vs S&P 500 | 0.43 | 0.22 |
| Max drawdown (3Y) | -20.7% | -28.3% |
| Market cap | $55.0B | $34.9B |
| P/E (trailing) | 50.2 | 14.9 |
| Dividend yield | 0.87% | 2.98% |
| Sector / category | Materials | US Listed |
Year-by-year returns
| Year | CTVA | NTR |
|---|---|---|
| 2022 | +25.6% | -0.7% |
| 2023 | -17.5% | -20.2% |
| 2024 | +20.2% | -17.0% |
| 2025 | +18.9% | +40.8% |
| 2026 | +23.5% | +20.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CTVA and NTR good diversifiers for each other?
Reasonably. At 0.43, CTVA and NTR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CTVA and NTR?
Using weekly returns as of 2026-08-27: 0.43 over 3 years, with 0.34 over the last year and 0.44 over 5 years.
Is NTR a good diversifier for CTVA?
Reasonably. At 0.43, CTVA and NTR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 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-ntr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ctva-vs-ntr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CTVA correlations · NTR correlations
