DD vs ESI: Correlation
Measured on weekly returns over the past three years, DuPont (DD) and Element Solutions Inc. (ESI) carry a correlation of 0.65, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DD and ESI?
Across a 3-year window, the weekly returns of DD and ESI correlate at 0.65, strong. Recent behaviour matches the longer record: 0.62 over 1 year against 0.65 over 3. Stretching to 5 years gives 0.70, with an annualized covariance of 609.6 %².
In DD's tracked universe of 34 assets, ESI sits right near the top at #2. Twelve-month performance is nearly a tie, at +44.7% for DD and +43.3% for ESI.
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 ESI: side by side
| DD (DuPont) | ESI (Element Solutions Inc.) | |
|---|---|---|
| 1-year return | +44.7% | +43.3% |
| 5-year return | +64.0% | +67.5% |
| Volatility (ann.) | 28.8% | 32.8% |
| Beta vs S&P 500 | 0.93 | 1.26 |
| Max drawdown (3Y) | -37.8% | -40.0% |
| Market cap | $18.7B | $8.9B |
| P/E (trailing) | 59.1 | 49.4 |
| Dividend yield | 2.20% | 0.89% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | DD | ESI |
|---|---|---|
| 2022 | -13.4% | -23.9% |
| 2023 | +14.4% | +29.3% |
| 2024 | +1.0% | +11.3% |
| 2025 | +28.7% | -0.4% |
| 2026 | +16.0% | +46.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DD and ESI good diversifiers for each other?
Somewhat, no more. With 0.65 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between DD and ESI?
Using weekly returns as of 2026-08-27: 0.65 over 3 years, with 0.62 over the last year and 0.70 over 5 years.
Is ESI a good diversifier for DD?
Somewhat, no more. With 0.65 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.65 mean?
On the −1 to +1 scale, 0.65 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
$ curl https://www.pairbook.io/api/v1/pairs/dd-vs-esi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dd-vs-esi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DD correlations · ESI correlations
