DD vs MACI: Correlation
DuPont (DD) and Melar Acquisition Corp. I - Class A (MACI) show a negative relationship: their 3-year correlation of weekly returns is -0.17.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DD and MACI?
Over the past 3 years, DD and MACI moved with a correlation of -0.17, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.31) runs below the 3-year figure (-0.17). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -11.3 %².
Within DD's tracked universe of 34 assets, MACI comes in at #25 by 3-year correlation. The last year tells two different stories: DD led by 40.3 percentage points, +44.7% for DD against +4.4% for MACI. One caveat on sizing: DD is 13.7 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 MACI: side by side
| DD (DuPont) | MACI (Melar Acquisition Corp. I - Class A) | |
|---|---|---|
| 1-year return | +44.7% | +4.4% |
| 5-year return | +64.0% | n/a |
| Volatility (ann.) | 28.8% | 2.1% |
| Beta vs S&P 500 | 0.93 | -0.03 |
| Max drawdown (3Y) | -37.8% | -2.0% |
| Market cap | $18.7B | $0.2B |
| P/E (trailing) | 59.1 | 60.9 |
| Dividend yield | 2.20% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | DD | MACI |
|---|---|---|
| 2022 | -13.4% | – |
| 2023 | +14.4% | – |
| 2024 | +1.0% | – |
| 2025 | +28.7% | +5.7% |
| 2026 | +16.0% | +3.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DD and MACI good diversifiers for each other?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
FAQ
What is the correlation between DD and MACI?
The DD/MACI correlation stands at -0.17 on a 3-year window (1 year: -0.31, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is MACI a good diversifier for DD?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
What does a correlation of -0.17 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-maci.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dd-vs-maci/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DD correlations · MACI correlations
