MOS vs NTR: Correlation
Measured on weekly returns over the past three years, Mosaic Company (The) (MOS) and Nutrien Ltd. (NTR) carry a correlation of 0.55, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MOS and NTR?
Over the past 3 years, MOS and NTR moved with a correlation of 0.55, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.40 versus 0.55 over 3 years. Over 5 years the correlation is 0.71, and the annualized covariance of weekly returns is 566.9 %².
Few assets follow MOS as closely as NTR, which ranks #1 of 33 tracked partners. The last year tells two different stories: NTR led by 54.3 percentage points, -26.6% for MOS against +27.7% for NTR.
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.
MOS vs NTR: side by side
| MOS (Mosaic Company (The)) | NTR (Nutrien Ltd.) | |
|---|---|---|
| 1-year return | -26.6% | +27.7% |
| 5-year return | -17.1% | +39.5% |
| Volatility (ann.) | 36.6% | 28.2% |
| Beta vs S&P 500 | 0.78 | 0.22 |
| Max drawdown (3Y) | -45.7% | -28.3% |
| Market cap | $7.6B | $34.9B |
| P/E (trailing) | – | 14.9 |
| Dividend yield | 3.64% | 2.98% |
| Sector / category | Materials | US Listed |
Year-by-year returns
| Year | MOS | NTR |
|---|---|---|
| 2022 | +12.8% | -0.7% |
| 2023 | -16.4% | -20.2% |
| 2024 | -29.1% | -17.0% |
| 2025 | +1.1% | +40.8% |
| 2026 | +0.5% | +20.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MOS and NTR good diversifiers for each other?
Only partially. A correlation of 0.55 means MOS and NTR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between MOS and NTR?
The MOS/NTR correlation stands at 0.55 on a 3-year window (1 year: 0.40, 5 years: 0.71), computed from weekly returns as of 2026-08-27.
Is NTR a good diversifier for MOS?
Only partially. A correlation of 0.55 means MOS and NTR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.55 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/mos-vs-ntr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mos-vs-ntr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MOS correlations · NTR correlations
