ODC vs PSMT: Correlation
Oil-Dri Corporation Of America (ODC) and PriceSmart, Inc. (PSMT) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ODC and PSMT?
Across a 3-year window, the weekly returns of ODC and PSMT correlate at 0.40, moderate. The link has tightened recently: the 1-year correlation (0.52) runs above the 3-year figure (0.40). Stretching to 5 years gives 0.29, with an annualized covariance of 344.4 %².
By 3-year correlation, PSMT places #4 of the 10 assets tracked against ODC. Their 12-month results are close: +58.0% for ODC against +59.1% for PSMT. One caveat on sizing: ODC is 1.6 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.
ODC vs PSMT: side by side
| ODC (Oil-Dri Corporation Of America) | PSMT (PriceSmart, Inc.) | |
|---|---|---|
| 1-year return | +58.0% | +59.1% |
| 5-year return | +476.5% | +116.4% |
| Volatility (ann.) | 36.6% | 23.4% |
| Beta vs S&P 500 | 0.41 | 0.42 |
| Max drawdown (3Y) | -32.7% | -24.0% |
| Market cap | – | $5.3B |
| P/E (trailing) | 23.7 | 33.8 |
| Dividend yield | 0.85% | 0.76% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ODC | PSMT |
|---|---|---|
| 2022 | +6.5% | -15.9% |
| 2023 | +104.8% | +26.2% |
| 2024 | +32.9% | +25.0% |
| 2025 | +13.2% | +34.8% |
| 2026 | +88.6% | +42.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ODC and PSMT good diversifiers for each other?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ODC and PSMT?
The ODC/PSMT correlation stands at 0.40 on a 3-year window (1 year: 0.52, 5 years: 0.29), computed from weekly returns as of 2026-08-27.
Is PSMT a good diversifier for ODC?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.40 mean?
On the −1 to +1 scale, 0.40 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/odc-vs-psmt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/odc-vs-psmt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ODC correlations · PSMT correlations
