PairBook
HomeDD › DD vs IOSP

DD vs IOSP: Correlation

Measured on weekly returns over the past three years, DuPont (DD) and Innospec Inc. (IOSP) carry a correlation of 0.56, a moderate link.

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

Correlation (3Y)
0.56
moderate
Correlation (1Y)
0.60
last 12 months
Correlation (5Y)
0.57
long-run
Ann. covariance
433.3
%² · weekly, annualized

How correlated are DD and IOSP?

Across a 3-year window, the weekly returns of DD and IOSP correlate at 0.56, moderate. Recent behaviour matches the longer record: 0.60 over 1 year against 0.56 over 3. Stretching to 5 years gives 0.57, with an annualized covariance of 433.3 %².

By 3-year correlation, IOSP places #8 of the 34 assets tracked against DD. Their recent paths diverged sharply: over the last 12 months DD outperformed by 33.4 percentage points (+44.7% for DD against +11.3% for IOSP).

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 IOSP: side by side

DD (DuPont)IOSP (Innospec Inc.)
1-year return+44.7%+11.3%
5-year return+64.0%+10.2%
Volatility (ann.)28.8%26.6%
Beta vs S&P 5000.930.94
Max drawdown (3Y)-37.8%-48.4%
Market cap$18.7B$2.3B
P/E (trailing)59.119.5
Dividend yield2.20%1.87%
Sector / categoryIndustrialsUS Listed
Lower P/E: IOSP 19.5 vs 59.1Higher yield: DD 2.20% vs 1.87%Smaller drawdown: DD -37.8% vs -48.4%Higher 5y return: DD +64.0% vs +10.2%
-22%0%+56%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. DD · IOSP

Year-by-year returns

YearDDIOSP
2022-13.4%+15.2%
2023+14.4%+21.5%
2024+1.0%-9.6%
2025+28.7%-28.9%
2026+16.0%+26.0%

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

Are DD and IOSP good diversifiers for each other?

Only partially. A correlation of 0.56 means DD and IOSP 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 IOSP?

The DD/IOSP correlation stands at 0.56 on a 3-year window (1 year: 0.60, 5 years: 0.57), computed from weekly returns as of 2026-08-27.

Is IOSP a good diversifier for DD?

Only partially. A correlation of 0.56 means DD and IOSP share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

What does a correlation of 0.56 mean?

A reading of 0.56 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/dd-vs-iosp.json

DD vs IOSP: 3-year weekly correlation 0.56DD vs IOSP0.56

Markdown for the live badge, attribution link included:

[![DD vs IOSP correlation](https://www.pairbook.io/api/v1/badge/dd-vs-iosp.svg)](https://www.pairbook.io/pair/dd-vs-iosp/)

Free with attribution; caching and terms are described in the API documentation.

Related comparisons

Hubs: DD correlations · IOSP correlations