HUN vs TROX: Correlation
Huntsman Corporation (HUN) and Tronox Holdings plc (TROX) show a strong relationship: their 3-year correlation of weekly returns is 0.69.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HUN and TROX?
On 3 years of weekly data the HUN/TROX correlation comes out at 0.69, strong. Recent behaviour matches the longer record: 0.74 over 1 year against 0.69 over 3. The 5-year figure is 0.65, and annualized covariance runs at 2237.6 %².
In HUN's tracked universe of 14 assets, TROX sits right near the top at #2. The last year tells two different stories: TROX led by 45.3 percentage points, -8.2% for HUN against +37.1% for TROX.
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.
HUN vs TROX: side by side
| HUN (Huntsman Corporation) | TROX (Tronox Holdings plc) | |
|---|---|---|
| 1-year return | -8.2% | +37.1% |
| 5-year return | -55.1% | -67.8% |
| Volatility (ann.) | 47.1% | 69.1% |
| Beta vs S&P 500 | 0.93 | 1.88 |
| Max drawdown (3Y) | -70.1% | -84.5% |
| Market cap | $1.7B | $0.9B |
| P/E (trailing) | – | – |
| Dividend yield | 5.33% | 3.66% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HUN | TROX |
|---|---|---|
| 2022 | -19.0% | -41.1% |
| 2023 | -5.1% | +7.4% |
| 2024 | -25.0% | -26.4% |
| 2025 | -40.6% | -55.6% |
| 2026 | -2.3% | +34.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HUN and TROX good diversifiers for each other?
To a limited degree. At 0.69 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between HUN and TROX?
Using weekly returns as of 2026-08-27: 0.69 over 3 years, with 0.74 over the last year and 0.65 over 5 years.
Is TROX a good diversifier for HUN?
To a limited degree. At 0.69 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.69 mean?
On the −1 to +1 scale, 0.69 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/hun-vs-trox.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hun-vs-trox/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HUN correlations · TROX correlations
