DD vs IEFA: Correlation
Measured on weekly returns over the past three years, DuPont (DD) and iShares Core MSCI EAFE ETF (IEFA) carry a correlation of 0.55, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DD and IEFA?
Across a 3-year window, the weekly returns of DD and IEFA correlate at 0.55, moderate. The relationship has been stable: the 1-year correlation (0.56) sits close to the 3-year figure. Stretching to 5 years gives 0.65, with an annualized covariance of 238.8 %².
Among the 34 assets we track against DD, IEFA ranks #12 by 3-year correlation. Correlation aside, the last 12 months split them widely, with DD ahead by 22.9 points (+44.7% versus +21.8%). The relationship is regime-dependent: the rolling one-year correlation swung between 0.19 and 0.76 over the past three years, so this pair behaves very differently depending on the market environment. One caveat on sizing: DD is 1.9 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 IEFA: side by side
| DD (DuPont) | IEFA (iShares Core MSCI EAFE ETF) | |
|---|---|---|
| 1-year return | +44.7% | +21.8% |
| 5-year return | +64.0% | +54.5% |
| Volatility (ann.) | 28.8% | 15.0% |
| Beta vs S&P 500 | 0.93 | 0.77 |
| Max drawdown (3Y) | -37.8% | -13.8% |
| Market cap | $18.7B | – |
| P/E (trailing) | 59.1 | – |
| Dividend yield | 2.20% | 3.35% |
| Expense ratio | – | 0.07% |
| Assets under management | – | $190.1B |
| Sector / category | Industrials | ETF · International |
IEFA, iShares's Foreign Large Blend fund, carries $190.1B under management, 1620 holdings, a 0.07% expense ratio, a 3.35% trailing dividend yield.
Year-by-year returns
| Year | DD | IEFA |
|---|---|---|
| 2022 | -13.4% | -15.2% |
| 2023 | +14.4% | +18.0% |
| 2024 | +1.0% | +3.3% |
| 2025 | +28.7% | +32.1% |
| 2026 | +16.0% | +14.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DD and IEFA good diversifiers for each other?
Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between DD and IEFA?
The DD/IEFA correlation stands at 0.55 on a 3-year window (1 year: 0.56, 5 years: 0.65), computed from weekly returns as of 2026-08-27.
Is IEFA a good diversifier for DD?
Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.55 mean?
A reading of 0.55 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dd-vs-iefa.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dd-vs-iefa/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DD correlations · IEFA correlations
