SJM vs ZCMD: Correlation
How closely do J.M. Smucker Company (The) (SJM) and Zhongchao Inc. - Class A (ZCMD) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SJM and ZCMD?
Over the past 3 years, SJM and ZCMD moved with a correlation of -0.20, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.24 over 1 year against -0.20 over 3. Over 5 years the correlation is -0.16, and the annualized covariance of weekly returns is -753.4 %².
Within SJM's tracked universe of 33 assets, ZCMD comes in at #25 by 3-year correlation. Correlation aside, the last 12 months split them widely, with SJM ahead by 129.8 points (+29.9% versus -99.9%). Risk is not evenly split, since ZCMD carries 5.5 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.
SJM vs ZCMD: side by side
| SJM (J.M. Smucker Company (The)) | ZCMD (Zhongchao Inc. - Class A) | |
|---|---|---|
| 1-year return | +29.9% | -99.9% |
| 5-year return | +28.2% | -100.0% |
| Volatility (ann.) | 26.0% | 141.8% |
| Beta vs S&P 500 | 0.21 | 0.59 |
| Max drawdown (3Y) | -32.5% | -100.0% |
| Market cap | $14.1B | – |
| P/E (trailing) | 61.3 | – |
| Dividend yield | 3.38% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | SJM | ZCMD |
|---|---|---|
| 2022 | +20.1% | -35.4% |
| 2023 | -17.8% | -69.5% |
| 2024 | -9.6% | -53.8% |
| 2025 | -7.6% | -72.2% |
| 2026 | +38.9% | -99.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SJM and ZCMD good diversifiers for each other?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
FAQ
What is the correlation between SJM and ZCMD?
As of 2026-08-27, the correlation of weekly returns between SJM and ZCMD is -0.20 over 3 years, -0.24 over 1 year and -0.16 over 5 years.
Is ZCMD a good diversifier for SJM?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
What does a correlation of -0.20 mean?
On the −1 to +1 scale, -0.20 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/sjm-vs-zcmd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/sjm-vs-zcmd/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: SJM correlations · ZCMD correlations
