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REYN vs RPM: Correlation

Measured on weekly returns over the past three years, Reynolds Consumer Products Inc. (REYN) and RPM International Inc. (RPM) carry a correlation of 0.44, a moderate link.

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

Correlation (3Y)
0.44
moderate
Correlation (1Y)
0.56
last 12 months
Correlation (5Y)
0.42
long-run
Ann. covariance
231.1
%² · weekly, annualized

How correlated are REYN and RPM?

On 3 years of weekly data the REYN/RPM correlation comes out at 0.44, moderate. The past 12 months show a tighter link (0.56) than the 3-year average (0.44). The 5-year figure is 0.42, and annualized covariance runs at 231.1 %².

Within REYN's tracked universe of 16 assets, RPM comes in at #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with REYN ahead by 24.0 points (+9.7% versus -14.3%).

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.

REYN vs RPM: side by side

REYN (Reynolds Consumer Products Inc.)RPM (RPM International Inc.)
1-year return+9.7%-14.3%
5-year return+1.4%+38.7%
Volatility (ann.)21.1%25.0%
Beta vs S&P 5000.240.85
Max drawdown (3Y)-33.4%-32.0%
Market cap$5.1B$13.5B
P/E (trailing)14.820.7
Dividend yield3.74%1.99%
Sector / categoryUS ListedUS Listed
Lower P/E: REYN 14.8 vs 20.7Higher yield: REYN 3.74% vs 1.99%Smaller drawdown: RPM -32.0% vs -33.4%Higher 5y return: RPM +38.7% vs +1.4%
-26%0%+18%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. REYN · RPM

Year-by-year returns

YearREYNRPM
2022-1.5%-1.7%
2023-7.5%+16.8%
2024+3.8%+12.1%
2025-11.7%-13.9%
2026+8.7%+3.2%

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

Are REYN and RPM good diversifiers for each other?

A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between REYN and RPM?

The REYN/RPM correlation stands at 0.44 on a 3-year window (1 year: 0.56, 5 years: 0.42), computed from weekly returns as of 2026-08-27.

Is RPM a good diversifier for REYN?

A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.44 mean?

A reading of 0.44 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/reyn-vs-rpm.json

REYN vs RPM: 3-year weekly correlation 0.44REYN vs RPM0.44

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Related comparisons

Hubs: REYN correlations · RPM correlations