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SCI vs SXT: Correlation

Measured on weekly returns over the past three years, Service Corporation International (SCI) and Sensient Technologies Corporation (SXT) carry a correlation of 0.46, a moderate link.

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

Correlation (3Y)
0.46
moderate
Correlation (1Y)
0.61
last 12 months
Correlation (5Y)
0.44
long-run
Ann. covariance
372.7
%² · weekly, annualized

How correlated are SCI and SXT?

Over the past 3 years, SCI and SXT moved with a correlation of 0.46, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.61 versus 0.46 over 3 years. Over 5 years the correlation is 0.44, and the annualized covariance of weekly returns is 372.7 %².

Among the 12 assets we track against SCI, SXT ranks #5 by 3-year correlation. The trailing year gives SXT the advantage: +6.5% versus +19.5%, a 13.0-point spread.

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.

SCI vs SXT: side by side

SCI (Service Corporation International)SXT (Sensient Technologies Corporation)
1-year return+6.5%+19.5%
5-year return+44.7%+70.0%
Volatility (ann.)23.6%34.2%
Beta vs S&P 5000.470.65
Max drawdown (3Y)-21.6%-30.7%
Market cap$11.4B$5.7B
P/E (trailing)21.836.9
Dividend yield1.59%1.20%
Sector / categoryUS ListedUS Listed
Lower P/E: SCI 21.8 vs 36.9Higher yield: SCI 1.59% vs 1.20%Smaller drawdown: SCI -21.6% vs -30.7%Higher 5y return: SXT +70.0% vs +44.7%
-26%0%+21%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. SCI · SXT

Year-by-year returns

YearSCISXT
2022-1.0%-25.6%
2023+0.7%-7.2%
2024+18.4%+10.5%
2025-0.7%+34.2%
2026+8.0%+43.8%

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

Are SCI and SXT good diversifiers for each other?

Reasonably. At 0.46, SCI and SXT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between SCI and SXT?

As of 2026-08-27, the correlation of weekly returns between SCI and SXT is 0.46 over 3 years, 0.61 over 1 year and 0.44 over 5 years.

Is SXT a good diversifier for SCI?

Reasonably. At 0.46, SCI and SXT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.46 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.

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SCI vs SXT: 3-year weekly correlation 0.46SCI vs SXT0.46

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Related comparisons

Hubs: SCI correlations · SXT correlations