DOW vs RECT: Correlation
Dow Inc. (DOW) and Rectitude Holdings Ltd (RECT) show a negative relationship: their 3-year correlation of weekly returns is -0.20.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DOW and RECT?
Across a 3-year window, the weekly returns of DOW and RECT correlate at -0.20, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.25 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of -519.8 %².
RECT is close to the least connected end of DOW's tracked universe, ranking #28 of 32. Correlation aside, the last 12 months split them widely, with DOW ahead by 101.1 points (+29.0% versus -72.1%). Risk is not evenly split, since RECT carries 1.8 times the volatility of the other side.
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 RECT: side by side
| DOW (Dow Inc.) | RECT (Rectitude Holdings Ltd) | |
|---|---|---|
| 1-year return | +29.0% | -72.1% |
| 5-year return | -38.4% | n/a |
| Volatility (ann.) | 35.2% | 65.0% |
| Beta vs S&P 500 | 0.62 | 0.67 |
| Max drawdown (3Y) | -62.2% | -85.4% |
| Market cap | $21.9B | – |
| P/E (trailing) | – | 6.4 |
| Dividend yield | 4.62% | 0.00% |
| Sector / category | Materials | US Listed |
Year-by-year returns
| Year | DOW | RECT |
|---|---|---|
| 2022 | -6.6% | – |
| 2023 | +14.7% | – |
| 2024 | -22.8% | – |
| 2025 | -37.4% | -74.1% |
| 2026 | +32.6% | -27.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DOW and RECT good diversifiers for each other?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between DOW and RECT?
The DOW/RECT correlation stands at -0.20 on a 3-year window (1 year: -0.25, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is RECT a good diversifier for DOW?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.20 mean?
A reading of -0.20 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-rect.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dow-vs-rect/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DOW correlations · RECT correlations
