FMC vs MOS: Correlation
FMC Corporation (FMC) and Mosaic Company (The) (MOS) show a moderate relationship: their 3-year correlation of weekly returns is 0.48.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FMC and MOS?
Over the past 3 years, FMC and MOS moved with a correlation of 0.48, which is moderate. Little has changed lately, as the 1-year reading of 0.51 lands near the 3-year figure. Over 5 years the correlation is 0.42, and the annualized covariance of weekly returns is 990.0 %².
In FMC's tracked universe of 14 assets, MOS sits right near the top at #3. The last year tells two different stories: MOS led by 45.6 percentage points, -72.2% for FMC against -26.6% for MOS. Risk is not evenly split, since FMC carries 1.5 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.
FMC vs MOS: side by side
| FMC (FMC Corporation) | MOS (Mosaic Company (The)) | |
|---|---|---|
| 1-year return | -72.2% | -26.6% |
| 5-year return | -86.6% | -17.1% |
| Volatility (ann.) | 56.2% | 36.6% |
| Beta vs S&P 500 | 0.82 | 0.78 |
| Max drawdown (3Y) | -87.3% | -45.7% |
| Market cap | $1.3B | $7.6B |
| P/E (trailing) | – | – |
| Dividend yield | 7.40% | 3.64% |
| Sector / category | US Listed | Materials |
Year-by-year returns
| Year | FMC | MOS |
|---|---|---|
| 2022 | +15.7% | +12.8% |
| 2023 | -48.0% | -16.4% |
| 2024 | -19.7% | -29.1% |
| 2025 | -70.0% | +1.1% |
| 2026 | -22.2% | +0.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FMC and MOS good diversifiers for each other?
Reasonably. At 0.48, FMC and MOS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between FMC and MOS?
The FMC/MOS correlation stands at 0.48 on a 3-year window (1 year: 0.51, 5 years: 0.42), computed from weekly returns as of 2026-08-27.
Is MOS a good diversifier for FMC?
Reasonably. At 0.48, FMC and MOS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.48 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-mos.json
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Related comparisons
Hubs: FMC correlations · MOS correlations
