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MOS vs OLN: Correlation

How closely do Mosaic Company (The) (MOS) and Olin Corporation (OLN) trade together? Their weekly returns over three years give a correlation of 0.46, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.46
moderate
Correlation (1Y)
0.43
last 12 months
Correlation (5Y)
0.43
long-run
Ann. covariance
761.9
%² · weekly, annualized

How correlated are MOS and OLN?

On 3 years of weekly data the MOS/OLN correlation comes out at 0.46, moderate. The relationship has been stable: the 1-year correlation (0.43) sits close to the 3-year figure. The 5-year figure is 0.43, and annualized covariance runs at 761.9 %².

By 3-year correlation, OLN places #9 of the 33 assets tracked against MOS. Twelve-month performance is nearly a tie, at -26.6% for MOS and -23.3% for OLN.

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 OLN: side by side

MOS (Mosaic Company (The))OLN (Olin Corporation)
1-year return-26.6%-23.3%
5-year return-17.1%-62.2%
Volatility (ann.)36.6%45.4%
Beta vs S&P 5000.781.04
Max drawdown (3Y)-45.7%-69.3%
Market cap$7.6B
P/E (trailing)
Dividend yield3.64%4.62%
Sector / categoryMaterialsUS Listed
Higher yield: OLN 4.62% vs 3.64%Smaller drawdown: MOS -45.7% vs -69.3%Higher 5y return: MOS -17.1% vs -62.2%
-33%0%+17%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). MOS · OLN

Year-by-year returns

YearMOSOLN
2022+12.8%-6.6%
2023-16.4%+3.5%
2024-29.1%-36.3%
2025+1.1%-36.2%
2026+0.5%-15.8%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are MOS and OLN good diversifiers for each other?

A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between MOS and OLN?

Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.43 over the last year and 0.43 over 5 years.

Is OLN a good diversifier for MOS?

A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.46 mean?

A reading of 0.46 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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MOS vs OLN: 3-year weekly correlation 0.46MOS vs OLN0.46

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Related comparisons

Hubs: MOS correlations · OLN correlations