MLEC vs WY: Correlation
How closely do Moolec Science SA (MLEC) and Weyerhaeuser (WY) trade together? Their weekly returns over three years give a correlation of -0.13, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MLEC and WY?
Over the past 3 years, MLEC and WY moved with a correlation of -0.13, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.21) sits close to the 3-year figure. Over 5 years the correlation is -0.08, and the annualized covariance of weekly returns is -345.7 %².
Within MLEC's tracked universe of 24 assets, WY comes in at #11 by 3-year correlation. The last year tells two different stories: WY led by 58.2 percentage points, -64.3% for MLEC against -6.1% for WY. Risk is not evenly split, since MLEC carries 4.2 times the volatility of the other side.
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.
MLEC vs WY: side by side
| MLEC (Moolec Science SA) | WY (Weyerhaeuser) | |
|---|---|---|
| 1-year return | -64.3% | -6.1% |
| 5-year return | -99.5% | -19.5% |
| Volatility (ann.) | 104.4% | 24.8% |
| Beta vs S&P 500 | -0.21 | 0.64 |
| Max drawdown (3Y) | -99.3% | -38.0% |
| Market cap | – | $17.1B |
| P/E (trailing) | – | 36.5 |
| Dividend yield | 0.00% | 3.49% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | MLEC | WY |
|---|---|---|
| 2022 | +22.7% | -20.4% |
| 2023 | -79.7% | +18.0% |
| 2024 | -67.5% | -16.6% |
| 2025 | -96.8% | -13.0% |
| 2026 | +78.0% | +1.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MLEC and WY good diversifiers for each other?
By historical standards, yes. A correlation of -0.13 means the two rarely move for the same reasons.
FAQ
What is the correlation between MLEC and WY?
The MLEC/WY correlation stands at -0.13 on a 3-year window (1 year: -0.21, 5 years: -0.08), computed from weekly returns as of 2026-08-27.
Is WY a good diversifier for MLEC?
By historical standards, yes. A correlation of -0.13 means the two rarely move for the same reasons.
What does a correlation of -0.13 mean?
On the −1 to +1 scale, -0.13 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/mlec-vs-wy.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mlec-vs-wy/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MLEC correlations · WY correlations
