MDLZ vs SYY: Correlation
Mondelez International (MDLZ) and Sysco (SYY) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MDLZ and SYY?
Over the past 3 years, MDLZ and SYY moved with a correlation of 0.41, which is moderate. The past 12 months show a weaker link (0.30) than the 3-year average (0.41). Over 5 years the correlation is 0.48, and the annualized covariance of weekly returns is 168.7 %².
Within MDLZ's tracked universe of 40 assets, SYY comes in at #17 by 3-year correlation. Their 12-month results are close: +4.6% for MDLZ against +5.6% for SYY. The rolling one-year correlation moved between 0.27 and 0.63 over the past three years, a moderate range.
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 SYY: side by side
| MDLZ (Mondelez International) | SYY (Sysco) | |
|---|---|---|
| 1-year return | +4.6% | +5.6% |
| 5-year return | +14.7% | +19.2% |
| Volatility (ann.) | 20.5% | 20.3% |
| Beta vs S&P 500 | 0.03 | 0.14 |
| Max drawdown (3Y) | -29.0% | -24.0% |
| Market cap | $79.7B | $39.5B |
| P/E (trailing) | 22.9 | 22.5 |
| Dividend yield | 3.17% | 2.61% |
| Sector / category | Consumer Staples | Consumer Staples |
Year-by-year returns
| Year | MDLZ | SYY |
|---|---|---|
| 2022 | +2.9% | -0.3% |
| 2023 | +11.2% | -1.7% |
| 2024 | -15.3% | +7.4% |
| 2025 | -7.0% | -1.0% |
| 2026 | +18.0% | +14.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MDLZ and SYY good diversifiers for each other?
Reasonably. At 0.41, MDLZ and SYY keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between MDLZ and SYY?
The MDLZ/SYY correlation stands at 0.41 on a 3-year window (1 year: 0.30, 5 years: 0.48), computed from weekly returns as of 2026-08-27.
Is SYY a good diversifier for MDLZ?
Reasonably. At 0.41, MDLZ and SYY keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 mean?
A reading of 0.41 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/mdlz-vs-syy.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mdlz-vs-syy/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MDLZ correlations · SYY correlations
