SCHD vs TSN: Correlation
How closely do Schwab US Dividend Equity ETF (SCHD) and Tyson Foods (TSN) trade together? Their weekly returns over three years give a correlation of 0.41, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SCHD and TSN?
Over the past 3 years, SCHD and TSN moved with a correlation of 0.41, which is moderate. Little has changed lately, as the 1-year reading of 0.41 lands near the 3-year figure. Over 5 years the correlation is 0.43, and the annualized covariance of weekly returns is 119.5 %².
Within SCHD's tracked universe of 108 assets, TSN comes in at #80 by 3-year correlation. The last year tells two different stories: SCHD led by 29.9 percentage points, +29.6% for SCHD against -0.3% for TSN. Across three years, the rolling one-year figure varied moderately, from 0.13 to 0.59. Risk is not evenly split, since TSN carries 1.8 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.
SCHD vs TSN: side by side
| SCHD (Schwab US Dividend Equity ETF) | TSN (Tyson Foods) | |
|---|---|---|
| 1-year return | +29.6% | -0.3% |
| 5-year return | +60.9% | -17.3% |
| Volatility (ann.) | 12.9% | 22.8% |
| Beta vs S&P 500 | 0.52 | 0.19 |
| Max drawdown (3Y) | -16.1% | -20.3% |
| Market cap | – | $19.5B |
| P/E (trailing) | – | 35.0 |
| Dividend yield | 3.13% | 0.88% |
| Expense ratio | 0.06% | – |
| Assets under management | $104.2B | – |
| Sector / category | ETF · Dividend | Consumer Staples |
On the fund side, SCHD sits in the Large Value category at Schwab ETFs, with $104.2B under management, 101 holdings, a 0.06% expense ratio, a 3.13% trailing dividend yield.
Year-by-year returns
| Year | SCHD | TSN |
|---|---|---|
| 2022 | -3.3% | -26.9% |
| 2023 | +4.5% | -10.4% |
| 2024 | +11.7% | +10.5% |
| 2025 | +4.3% | +5.7% |
| 2026 | +29.1% | -4.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SCHD and TSN good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between SCHD and TSN?
As of 2026-08-27, the correlation of weekly returns between SCHD and TSN is 0.41 over 3 years, 0.41 over 1 year and 0.43 over 5 years.
Is TSN a good diversifier for SCHD?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.41 mean?
A reading of 0.41 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
$ curl https://www.pairbook.io/api/v1/pairs/schd-vs-tsn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/schd-vs-tsn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SCHD correlations · TSN correlations
