CTVA vs UGI: Correlation
Corteva (CTVA) and UGI Corporation (UGI) show a moderate relationship: their 3-year correlation of weekly returns is 0.53.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CTVA and UGI?
Across a 3-year window, the weekly returns of CTVA and UGI correlate at 0.53, moderate. The past 12 months show a weaker link (0.41) than the 3-year average (0.53). Stretching to 5 years gives 0.45, with an annualized covariance of 403.3 %².
Few assets follow CTVA as closely as UGI, which ranks #1 of 34 tracked partners. Neither side won the trailing year by much: +10.9% against +13.8%.
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 UGI: side by side
| CTVA (Corteva) | UGI (UGI Corporation) | |
|---|---|---|
| 1-year return | +10.9% | +13.8% |
| 5-year return | +98.2% | +3.7% |
| Volatility (ann.) | 26.8% | 28.1% |
| Beta vs S&P 500 | 0.43 | 0.14 |
| Max drawdown (3Y) | -20.7% | -19.6% |
| Market cap | $55.0B | $8.2B |
| P/E (trailing) | 50.2 | 12.8 |
| Dividend yield | 0.87% | 3.90% |
| Sector / category | Materials | US Listed |
Year-by-year returns
| Year | CTVA | UGI |
|---|---|---|
| 2022 | +25.6% | -16.1% |
| 2023 | -17.5% | -29.8% |
| 2024 | +20.2% | +21.9% |
| 2025 | +18.9% | +38.3% |
| 2026 | +23.5% | +4.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CTVA and UGI good diversifiers for each other?
To a limited degree. At 0.53 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between CTVA and UGI?
The CTVA/UGI correlation stands at 0.53 on a 3-year window (1 year: 0.41, 5 years: 0.45), computed from weekly returns as of 2026-08-27.
Is UGI a good diversifier for CTVA?
To a limited degree. At 0.53 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.53 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-ugi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ctva-vs-ugi/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CTVA correlations · UGI correlations
