DOW vs HUN: Correlation
Dow Inc. (DOW) and Huntsman Corporation (HUN) show a moderate relationship: their 3-year correlation of weekly returns is 0.59.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DOW and HUN?
On 3 years of weekly data the DOW/HUN correlation comes out at 0.59, moderate. Recent behaviour matches the longer record: 0.53 over 1 year against 0.59 over 3. The 5-year figure is 0.60, and annualized covariance runs at 987.6 %².
Among the 32 assets we track against DOW, HUN ranks #10 by 3-year correlation. The last year tells two different stories: DOW led by 37.2 percentage points, +29.0% for DOW against -8.2% for HUN.
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.
DOW vs HUN: side by side
| DOW (Dow Inc.) | HUN (Huntsman Corporation) | |
|---|---|---|
| 1-year return | +29.0% | -8.2% |
| 5-year return | -38.4% | -55.1% |
| Volatility (ann.) | 35.2% | 47.1% |
| Beta vs S&P 500 | 0.62 | 0.93 |
| Max drawdown (3Y) | -62.2% | -70.1% |
| Market cap | $21.9B | $1.7B |
| P/E (trailing) | – | – |
| Dividend yield | 4.62% | 5.33% |
| Sector / category | Materials | US Listed |
Year-by-year returns
| Year | DOW | HUN |
|---|---|---|
| 2022 | -6.6% | -19.0% |
| 2023 | +14.7% | -5.1% |
| 2024 | -22.8% | -25.0% |
| 2025 | -37.4% | -40.6% |
| 2026 | +32.6% | -2.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DOW and HUN good diversifiers for each other?
Only partially. A correlation of 0.59 means DOW and HUN 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 DOW and HUN?
The DOW/HUN correlation stands at 0.59 on a 3-year window (1 year: 0.53, 5 years: 0.60), computed from weekly returns as of 2026-08-27.
Is HUN a good diversifier for DOW?
Only partially. A correlation of 0.59 means DOW and HUN share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.59 mean?
A reading of 0.59 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/dow-vs-hun.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dow-vs-hun/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DOW correlations · HUN correlations
