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DCH vs SMP: Correlation

Measured on weekly returns over the past three years, Dauch Corporation (DCH) and Standard Motor Products, Inc. (SMP) carry a correlation of 0.64, a strong link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.64
strong
Correlation (1Y)
0.50
last 12 months
Correlation (5Y)
0.58
long-run
Ann. covariance
1099.2
%² · weekly, annualized

How correlated are DCH and SMP?

Over the past 3 years, DCH and SMP moved with a correlation of 0.64, which is strong. Lately the two have drifted apart, with the 1-year correlation at 0.50 versus 0.64 over 3 years. Over 5 years the correlation is 0.58, and the annualized covariance of weekly returns is 1099.2 %².

SMP is one of the assets that tracks DCH most closely: it ranks #1 out of the 16 assets we track against DCH. The trailing year gives DCH the advantage: +5.2% versus -2.7%, a 7.9-point spread.

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.

DCH vs SMP: side by side

DCH (Dauch Corporation)SMP (Standard Motor Products, Inc.)
1-year return+5.2%-2.7%
5-year return-28.5%+1.1%
Volatility (ann.)48.5%35.3%
Beta vs S&P 5001.580.75
Max drawdown (3Y)-65.3%-44.8%
Market cap$1.5B$0.8B
P/E (trailing)9.4
Dividend yield0.00%3.50%
Sector / categoryUS ListedUS Listed
Higher yield: SMP 3.50% vs 0.00%Smaller drawdown: SMP -44.8% vs -65.3%Higher 5y return: SMP +1.1% vs -28.5%
-14%0%+45%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). DCH · SMP

Year-by-year returns

YearDCHSMP
2022-16.2%-31.8%
2023+12.7%+18.0%
2024-33.8%-19.4%
2025+9.9%+23.4%
2026-1.4%+3.1%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are DCH and SMP good diversifiers for each other?

To a limited degree. At 0.64 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 DCH and SMP?

Using weekly returns as of 2026-08-27: 0.64 over 3 years, with 0.50 over the last year and 0.58 over 5 years.

Is SMP a good diversifier for DCH?

To a limited degree. At 0.64 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 0.64 mean?

On the −1 to +1 scale, 0.64 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

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DCH vs SMP: 3-year weekly correlation 0.64DCH vs SMP0.64

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Related comparisons

Hubs: DCH correlations · SMP correlations