JNJ vs SENEA: Correlation
Measured on weekly returns over the past three years, Johnson & Johnson (JNJ) and Seneca Foods Corp. (SENEA) carry a correlation of 0.33, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JNJ and SENEA?
Across a 3-year window, the weekly returns of JNJ and SENEA correlate at 0.33, moderate. The link has tightened recently: the 1-year correlation (0.51) runs above the 3-year figure (0.33). Stretching to 5 years gives 0.26, with an annualized covariance of 203.9 %².
Among the 48 assets we track against JNJ, SENEA ranks #34 by 3-year correlation. Correlation aside, the last 12 months split them widely, with SENEA ahead by 19.6 points (+53.7% versus +73.3%). Note the risk asymmetry: SENEA runs 1.8 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
JNJ vs SENEA: side by side
| JNJ (Johnson & Johnson) | SENEA (Seneca Foods Corp.) | |
|---|---|---|
| 1-year return | +53.7% | +73.3% |
| 5-year return | +76.0% | +294.2% |
| Volatility (ann.) | 18.5% | 33.3% |
| Beta vs S&P 500 | 0.05 | 0.07 |
| Max drawdown (3Y) | -14.4% | -22.8% |
| Market cap | $640.5B | $1.3B |
| P/E (trailing) | 30.9 | 11.1 |
| Dividend yield | 1.94% | 0.00% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | JNJ | SENEA |
|---|---|---|
| 2022 | +6.0% | +27.1% |
| 2023 | -8.6% | -14.0% |
| 2024 | -4.8% | +51.1% |
| 2025 | +47.5% | +39.6% |
| 2026 | +30.5% | +73.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JNJ and SENEA good diversifiers for each other?
Reasonably. At 0.33, JNJ and SENEA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between JNJ and SENEA?
As of 2026-08-27, the correlation of weekly returns between JNJ and SENEA is 0.33 over 3 years, 0.51 over 1 year and 0.26 over 5 years.
Is SENEA a good diversifier for JNJ?
Reasonably. At 0.33, JNJ and SENEA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.33 mean?
A reading of 0.33 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/jnj-vs-senea.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/jnj-vs-senea/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: JNJ correlations · SENEA correlations
