FMC vs HAIN: Correlation
How closely do FMC Corporation (FMC) and The Hain Celestial Group, Inc. (HAIN) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FMC and HAIN?
On 3 years of weekly data the FMC/HAIN correlation comes out at 0.37, moderate. Recent behaviour matches the longer record: 0.42 over 1 year against 0.37 over 3. The 5-year figure is 0.35, and annualized covariance runs at 1644.4 %².
By 3-year correlation, HAIN places #9 of the 14 assets tracked against FMC. On 12-month performance HAIN holds a 11.4-point edge, -72.2% against -60.8%.
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.
FMC vs HAIN: side by side
| FMC (FMC Corporation) | HAIN (The Hain Celestial Group, Inc.) | |
|---|---|---|
| 1-year return | -72.2% | -60.8% |
| 5-year return | -86.6% | -98.1% |
| Volatility (ann.) | 56.2% | 78.5% |
| Beta vs S&P 500 | 0.82 | 0.87 |
| Max drawdown (3Y) | -87.3% | -95.9% |
| Market cap | $1.3B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 7.40% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FMC | HAIN |
|---|---|---|
| 2022 | +15.7% | -62.0% |
| 2023 | -48.0% | -32.3% |
| 2024 | -19.7% | -43.8% |
| 2025 | -70.0% | -82.6% |
| 2026 | -22.2% | -33.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FMC and HAIN good diversifiers for each other?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between FMC and HAIN?
As of 2026-08-27, the correlation of weekly returns between FMC and HAIN is 0.37 over 3 years, 0.42 over 1 year and 0.35 over 5 years.
Is HAIN a good diversifier for FMC?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.37 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/fmc-vs-hain.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fmc-vs-hain/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FMC correlations · HAIN correlations
