DD vs EMN: Correlation
DuPont (DD) and Eastman Chemical Company (EMN) show a strong relationship: their 3-year correlation of weekly returns is 0.60.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DD and EMN?
Over the past 3 years, DD and EMN moved with a correlation of 0.60, which is strong. Little has changed lately, as the 1-year reading of 0.57 lands near the 3-year figure. Over 5 years the correlation is 0.70, and the annualized covariance of weekly returns is 529.5 %².
In DD's tracked universe of 34 assets, EMN sits right near the top at #3. Correlation aside, the last 12 months split them widely, with DD ahead by 33.9 points (+44.7% versus +10.8%).
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.
DD vs EMN: side by side
| DD (DuPont) | EMN (Eastman Chemical Company) | |
|---|---|---|
| 1-year return | +44.7% | +10.8% |
| 5-year return | +64.0% | -22.9% |
| Volatility (ann.) | 28.8% | 30.5% |
| Beta vs S&P 500 | 0.93 | 0.95 |
| Max drawdown (3Y) | -37.8% | -48.4% |
| Market cap | $18.7B | $8.3B |
| P/E (trailing) | 59.1 | 18.9 |
| Dividend yield | 2.20% | 4.59% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | DD | EMN |
|---|---|---|
| 2022 | -13.4% | -30.4% |
| 2023 | +14.4% | +14.7% |
| 2024 | +1.0% | +5.1% |
| 2025 | +28.7% | -26.9% |
| 2026 | +16.0% | +16.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DD and EMN good diversifiers for each other?
Only partially. A correlation of 0.60 means DD and EMN share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between DD and EMN?
Using weekly returns as of 2026-08-27: 0.60 over 3 years, with 0.57 over the last year and 0.70 over 5 years.
Is EMN a good diversifier for DD?
Only partially. A correlation of 0.60 means DD and EMN share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.60 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/dd-vs-emn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dd-vs-emn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DD correlations · EMN correlations
