DD vs SWK: Correlation
How closely do DuPont (DD) and Stanley Black & Decker (SWK) trade together? Their weekly returns over three years give a correlation of 0.53, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DD and SWK?
Across a 3-year window, the weekly returns of DD and SWK correlate at 0.53, moderate. Little has changed lately, as the 1-year reading of 0.51 lands near the 3-year figure. Stretching to 5 years gives 0.51, with an annualized covariance of 544.5 %².
Among the 34 assets we track against DD, SWK ranks #16 by 3-year correlation. Over the last 12 months DD came out ahead by 7.7 percentage points (+44.7% against +37.0%). The rolling one-year correlation moved between 0.24 and 0.73 over the past three years, a moderate range.
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 SWK: side by side
| DD (DuPont) | SWK (Stanley Black & Decker) | |
|---|---|---|
| 1-year return | +44.7% | +37.0% |
| 5-year return | +64.0% | -39.1% |
| Volatility (ann.) | 28.8% | 35.4% |
| Beta vs S&P 500 | 0.93 | 1.19 |
| Max drawdown (3Y) | -37.8% | -48.3% |
| Market cap | $18.7B | $15.0B |
| P/E (trailing) | 59.1 | 24.4 |
| Dividend yield | 2.20% | 3.33% |
| Sector / category | Industrials | Industrials |
Year-by-year returns
| Year | DD | SWK |
|---|---|---|
| 2022 | -13.4% | -58.9% |
| 2023 | +14.4% | +35.6% |
| 2024 | +1.0% | -15.2% |
| 2025 | +28.7% | -3.2% |
| 2026 | +16.0% | +36.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DD and SWK good diversifiers for each other?
To a limited degree. At 0.53 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between DD and SWK?
As of 2026-08-27, the correlation of weekly returns between DD and SWK is 0.53 over 3 years, 0.51 over 1 year and 0.51 over 5 years.
Is SWK a good diversifier for DD?
To a limited degree. At 0.53 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.53 mean?
A reading of 0.53 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-swk.json
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Related comparisons
Hubs: DD correlations · SWK correlations
