IFF vs SON: Correlation
International Flavors & Fragrances (IFF) and Sonoco Products Company (SON) show a moderate relationship: their 3-year correlation of weekly returns is 0.51.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IFF and SON?
Across a 3-year window, the weekly returns of IFF and SON correlate at 0.51, moderate. Recent behaviour matches the longer record: 0.53 over 1 year against 0.51 over 3. Stretching to 5 years gives 0.52, with an annualized covariance of 387.4 %².
Among the 32 assets we track against IFF, SON ranks #10 by 3-year correlation. Over the last 12 months IFF came out ahead by 6.7 percentage points (+33.2% against +26.5%).
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.
IFF vs SON: side by side
| IFF (International Flavors & Fragrances) | SON (Sonoco Products Company) | |
|---|---|---|
| 1-year return | +33.2% | +26.5% |
| 5-year return | -34.3% | +4.8% |
| Volatility (ann.) | 29.5% | 25.7% |
| Beta vs S&P 500 | 0.69 | 0.62 |
| Max drawdown (3Y) | -42.6% | -32.5% |
| Market cap | $22.2B | $5.6B |
| P/E (trailing) | – | 8.9 |
| Dividend yield | 1.84% | 3.70% |
| Sector / category | Materials | US Listed |
Year-by-year returns
| Year | IFF | SON |
|---|---|---|
| 2022 | -28.3% | +8.3% |
| 2023 | -19.5% | -4.7% |
| 2024 | +6.3% | -9.1% |
| 2025 | -18.4% | -6.3% |
| 2026 | +30.3% | +33.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IFF and SON good diversifiers for each other?
Somewhat, no more. With 0.51 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between IFF and SON?
Using weekly returns as of 2026-08-27: 0.51 over 3 years, with 0.53 over the last year and 0.52 over 5 years.
Is SON a good diversifier for IFF?
Somewhat, no more. With 0.51 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.51 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
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$ curl https://www.pairbook.io/api/v1/pairs/iff-vs-son.json
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Related comparisons
Hubs: IFF correlations · SON correlations
