MDLZ vs RDDT: Correlation
Mondelez International (MDLZ) and Reddit (RDDT) show a negative relationship: their 3-year correlation of weekly returns is -0.23.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MDLZ and RDDT?
Across a 3-year window, the weekly returns of MDLZ and RDDT correlate at -0.23, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.20) sits close to the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of -358.7 %².
RDDT is close to the least connected end of MDLZ's tracked universe, ranking #36 of 40. Their recent paths diverged sharply: over the last 12 months MDLZ outperformed by 31.7 percentage points (+4.6% for MDLZ against -27.1% for RDDT). The rolling one-year correlation stayed in a tight band between -0.35 and -0.18 over the past three years, which points to a structural rather than episodic relationship. One caveat on sizing: RDDT is 3.7 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.
MDLZ vs RDDT: side by side
| MDLZ (Mondelez International) | RDDT (Reddit) | |
|---|---|---|
| 1-year return | +4.6% | -27.1% |
| 5-year return | +14.7% | n/a |
| Volatility (ann.) | 20.5% | 75.2% |
| Beta vs S&P 500 | 0.03 | 2.59 |
| Max drawdown (3Y) | -29.0% | -61.4% |
| Market cap | $79.7B | $29.6B |
| P/E (trailing) | 22.9 | 36.1 |
| Dividend yield | 3.17% | 0.00% |
| Sector / category | Consumer Staples | Communication Services |
Year-by-year returns
| Year | MDLZ | RDDT |
|---|---|---|
| 2022 | +2.9% | – |
| 2023 | +11.2% | – |
| 2024 | -15.3% | – |
| 2025 | -7.0% | +40.6% |
| 2026 | +18.0% | -33.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MDLZ and RDDT good diversifiers for each other?
Yes. With a correlation of -0.23, MDLZ and RDDT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between MDLZ and RDDT?
The MDLZ/RDDT correlation stands at -0.23 on a 3-year window (1 year: -0.20, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is RDDT a good diversifier for MDLZ?
Yes. With a correlation of -0.23, MDLZ and RDDT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.23 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/mdlz-vs-rddt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mdlz-vs-rddt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MDLZ correlations · RDDT correlations
