SEB vs TTE: Correlation
How closely do Seaboard Corporation (SEB) and TotalEnergies SE (TTE) trade together? Their weekly returns over three years give a correlation of 0.33, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SEB and TTE?
On 3 years of weekly data the SEB/TTE correlation comes out at 0.33, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.49 versus 0.33 over 3 years. The 5-year figure is 0.34, and annualized covariance runs at 238.6 %².
Among the 25 assets we track against SEB, TTE ranks #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with TTE ahead by 40.2 points (+4.8% versus +45.0%). Note the risk asymmetry: SEB runs 1.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
SEB vs TTE: side by side
| SEB (Seaboard Corporation) | TTE (TotalEnergies SE) | |
|---|---|---|
| 1-year return | +4.8% | +45.0% |
| 5-year return | -4.5% | +156.2% |
| Volatility (ann.) | 32.8% | 21.8% |
| Beta vs S&P 500 | -0.07 | 0.09 |
| Max drawdown (3Y) | -37.7% | -26.2% |
| Market cap | $3.8B | $191.0B |
| P/E (trailing) | 6.0 | 10.9 |
| Dividend yield | 0.22% | 4.65% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SEB | TTE |
|---|---|---|
| 2022 | -3.8% | +34.6% |
| 2023 | -5.2% | +14.2% |
| 2024 | -31.7% | -14.7% |
| 2025 | +83.5% | +27.5% |
| 2026 | -11.0% | +33.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SEB and TTE good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between SEB and TTE?
As of 2026-08-27, the correlation of weekly returns between SEB and TTE is 0.33 over 3 years, 0.49 over 1 year and 0.34 over 5 years.
Is TTE a good diversifier for SEB?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.33 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/seb-vs-tte.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/seb-vs-tte/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: SEB correlations · TTE correlations
