IOSP vs SXT: Correlation
Measured on weekly returns over the past three years, Innospec Inc. (IOSP) and Sensient Technologies Corporation (SXT) carry a correlation of 0.46, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IOSP and SXT?
Across a 3-year window, the weekly returns of IOSP and SXT correlate at 0.46, moderate. Little has changed lately, as the 1-year reading of 0.40 lands near the 3-year figure. Stretching to 5 years gives 0.47, with an annualized covariance of 422.2 %².
Among the 35 assets we track against IOSP, SXT ranks #29 by 3-year correlation. Over the last 12 months SXT came out ahead by 8.2 percentage points (+11.3% against +19.5%).
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.
IOSP vs SXT: side by side
| IOSP (Innospec Inc.) | SXT (Sensient Technologies Corporation) | |
|---|---|---|
| 1-year return | +11.3% | +19.5% |
| 5-year return | +10.2% | +70.0% |
| Volatility (ann.) | 26.6% | 34.2% |
| Beta vs S&P 500 | 0.94 | 0.65 |
| Max drawdown (3Y) | -48.4% | -30.7% |
| Market cap | $2.3B | $5.7B |
| P/E (trailing) | 19.5 | 36.9 |
| Dividend yield | 1.87% | 1.20% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IOSP | SXT |
|---|---|---|
| 2022 | +15.2% | -25.6% |
| 2023 | +21.5% | -7.2% |
| 2024 | -9.6% | +10.5% |
| 2025 | -28.9% | +34.2% |
| 2026 | +26.0% | +43.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IOSP and SXT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between IOSP and SXT?
As of 2026-08-27, the correlation of weekly returns between IOSP and SXT is 0.46 over 3 years, 0.40 over 1 year and 0.47 over 5 years.
Is SXT a good diversifier for IOSP?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.46 mean?
On the −1 to +1 scale, 0.46 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/iosp-vs-sxt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/iosp-vs-sxt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: IOSP correlations · SXT correlations
