FTH vs MDLZ: Correlation
Faeth Therapeutics, Inc. (FTH) and Mondelez International (MDLZ) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FTH and MDLZ?
Over the past 3 years, FTH and MDLZ moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.41) runs below the 3-year figure (-0.22). Over 5 years the correlation is -0.14, and the annualized covariance of weekly returns is -839.0 %².
Within FTH's tracked universe of 19 assets, MDLZ comes in at #13 by 3-year correlation. The last year tells two different stories: FTH led by 316.1 percentage points, +320.7% for FTH against +4.6% for MDLZ. One caveat on sizing: FTH is 9.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
FTH vs MDLZ: side by side
| FTH (Faeth Therapeutics, Inc.) | MDLZ (Mondelez International) | |
|---|---|---|
| 1-year return | +320.7% | +4.6% |
| 5-year return | -83.6% | +14.7% |
| Volatility (ann.) | 189.5% | 20.5% |
| Beta vs S&P 500 | 1.77 | 0.03 |
| Max drawdown (3Y) | -84.3% | -29.0% |
| Market cap | $0.9B | $79.7B |
| P/E (trailing) | – | 22.9 |
| Dividend yield | 0.00% | 3.17% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | FTH | MDLZ |
|---|---|---|
| 2022 | -74.3% | +2.9% |
| 2023 | -53.6% | +11.2% |
| 2024 | -29.2% | -15.3% |
| 2025 | +8.9% | -7.0% |
| 2026 | +216.2% | +18.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FTH and MDLZ good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between FTH and MDLZ?
As of 2026-08-27, the correlation of weekly returns between FTH and MDLZ is -0.22 over 3 years, -0.41 over 1 year and -0.14 over 5 years.
Is MDLZ a good diversifier for FTH?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
A reading of -0.22 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/fth-vs-mdlz.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/fth-vs-mdlz/)
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Related comparisons
Hubs: FTH correlations · MDLZ correlations
