ADC vs KMB: Correlation
Agree Realty Corporation (ADC) and Kimberly-Clark (KMB) show a moderate relationship: their 3-year correlation of weekly returns is 0.38.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADC and KMB?
On 3 years of weekly data the ADC/KMB correlation comes out at 0.38, moderate. Little has changed lately, as the 1-year reading of 0.33 lands near the 3-year figure. The 5-year figure is 0.42, and annualized covariance runs at 121.8 %².
Among the 22 assets we track against ADC, KMB ranks #17 by 3-year correlation. The last year tells two different stories: ADC led by 16.3 percentage points, +4.9% for ADC against -11.4% for KMB.
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.
ADC vs KMB: side by side
| ADC (Agree Realty Corporation) | KMB (Kimberly-Clark) | |
|---|---|---|
| 1-year return | +4.9% | -11.4% |
| 5-year return | +21.4% | -2.6% |
| Volatility (ann.) | 16.6% | 19.3% |
| Beta vs S&P 500 | 0.09 | 0.15 |
| Max drawdown (3Y) | -13.0% | -34.1% |
| Market cap | $9.1B | $36.6B |
| P/E (trailing) | 39.8 | 21.7 |
| Dividend yield | 4.26% | 4.60% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | ADC | KMB |
|---|---|---|
| 2022 | +3.5% | -1.6% |
| 2023 | -7.1% | -7.1% |
| 2024 | +17.2% | +11.8% |
| 2025 | +6.6% | -19.9% |
| 2026 | +4.1% | +11.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADC and KMB good diversifiers for each other?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ADC and KMB?
The ADC/KMB correlation stands at 0.38 on a 3-year window (1 year: 0.33, 5 years: 0.42), computed from weekly returns as of 2026-08-27.
Is KMB a good diversifier for ADC?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.38 mean?
On the −1 to +1 scale, 0.38 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/adc-vs-kmb.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/adc-vs-kmb/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ADC correlations · KMB correlations
