ACTG vs KRT: Correlation
How closely do Acacia Research Corporation (ACTG) and Karat Packaging Inc. (KRT) trade together? Their weekly returns over three years give a correlation of 0.52, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACTG and KRT?
Across a 3-year window, the weekly returns of ACTG and KRT correlate at 0.52, moderate. The relationship has been stable: the 1-year correlation (0.54) sits close to the 3-year figure. Stretching to 5 years gives 0.35, with an annualized covariance of 688.0 %².
Few assets follow ACTG as closely as KRT, which ranks #1 of 11 tracked partners. Their recent paths diverged sharply: over the last 12 months KRT outperformed by 73.4 percentage points (+36.5% for ACTG against +109.9% for KRT).
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.
ACTG vs KRT: side by side
| ACTG (Acacia Research Corporation) | KRT (Karat Packaging Inc.) | |
|---|---|---|
| 1-year return | +36.5% | +109.9% |
| 5-year return | -23.8% | +172.9% |
| Volatility (ann.) | 32.8% | 40.5% |
| Beta vs S&P 500 | 0.69 | 1.09 |
| Max drawdown (3Y) | -50.0% | -34.0% |
| Market cap | $0.4B | $1.0B |
| P/E (trailing) | – | 19.7 |
| Dividend yield | 0.00% | 3.65% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACTG | KRT |
|---|---|---|
| 2022 | -17.9% | -27.1% |
| 2023 | -6.9% | +82.2% |
| 2024 | +10.7% | +28.8% |
| 2025 | -13.8% | -20.1% |
| 2026 | +20.1% | +130.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACTG and KRT good diversifiers for each other?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ACTG and KRT?
Using weekly returns as of 2026-08-27: 0.52 over 3 years, with 0.54 over the last year and 0.35 over 5 years.
Is KRT a good diversifier for ACTG?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.52 mean?
On the −1 to +1 scale, 0.52 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/actg-vs-krt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/actg-vs-krt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ACTG correlations · KRT correlations
