ESNT vs TSN: Correlation
How closely do Essent Group Ltd. (ESNT) and Tyson Foods (TSN) trade together? Their weekly returns over three years give a correlation of 0.41, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ESNT and TSN?
On 3 years of weekly data the ESNT/TSN correlation comes out at 0.41, moderate. Little has changed lately, as the 1-year reading of 0.39 lands near the 3-year figure. The 5-year figure is 0.37, and annualized covariance runs at 201.5 %².
Within ESNT's tracked universe of 13 assets, TSN comes in at #8 by 3-year correlation. The trailing year gives ESNT the advantage: +10.2% versus -0.3%, a 10.5-point spread.
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.
ESNT vs TSN: side by side
| ESNT (Essent Group Ltd.) | TSN (Tyson Foods) | |
|---|---|---|
| 1-year return | +10.2% | -0.3% |
| 5-year return | +62.5% | -17.3% |
| Volatility (ann.) | 21.4% | 22.8% |
| Beta vs S&P 500 | 0.57 | 0.19 |
| Max drawdown (3Y) | -18.4% | -20.3% |
| Market cap | $6.2B | $19.5B |
| P/E (trailing) | 9.7 | 35.0 |
| Dividend yield | 1.90% | 0.88% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | ESNT | TSN |
|---|---|---|
| 2022 | -12.8% | -26.9% |
| 2023 | +38.6% | -10.4% |
| 2024 | +5.2% | +10.5% |
| 2025 | +20.7% | +5.7% |
| 2026 | +7.9% | -4.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ESNT and TSN good diversifiers for each other?
Reasonably. At 0.41, ESNT and TSN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ESNT and TSN?
As of 2026-08-27, the correlation of weekly returns between ESNT and TSN is 0.41 over 3 years, 0.39 over 1 year and 0.37 over 5 years.
Is TSN a good diversifier for ESNT?
Reasonably. At 0.41, ESNT and TSN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 mean?
A reading of 0.41 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/esnt-vs-tsn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/esnt-vs-tsn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ESNT correlations · TSN correlations
