AIN vs KTB: Correlation
Measured on weekly returns over the past three years, Albany International Corporation (AIN) and Kontoor Brands, Inc. (KTB) carry a correlation of 0.52, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIN and KTB?
Across a 3-year window, the weekly returns of AIN and KTB correlate at 0.52, moderate. The relationship has been stable: the 1-year correlation (0.49) sits close to the 3-year figure. Stretching to 5 years gives 0.47, with an annualized covariance of 827.3 %².
By 3-year correlation, KTB places #10 of the 20 assets tracked against AIN. The trailing year gives KTB the advantage: -5.6% versus +0.9%, a 6.5-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.
AIN vs KTB: side by side
| AIN (Albany International Corporation) | KTB (Kontoor Brands, Inc.) | |
|---|---|---|
| 1-year return | -5.6% | +0.9% |
| 5-year return | -19.2% | +65.6% |
| Volatility (ann.) | 36.2% | 44.3% |
| Beta vs S&P 500 | 1.13 | 1.05 |
| Max drawdown (3Y) | -57.1% | -44.9% |
| Market cap | $1.7B | $4.2B |
| P/E (trailing) | – | 15.6 |
| Dividend yield | 1.88% | 2.73% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIN | KTB |
|---|---|---|
| 2022 | +12.6% | -18.3% |
| 2023 | +0.7% | +62.6% |
| 2024 | -17.6% | +40.7% |
| 2025 | -35.5% | -26.3% |
| 2026 | +17.9% | +27.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIN and KTB 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 AIN and KTB?
Using weekly returns as of 2026-08-27: 0.52 over 3 years, with 0.49 over the last year and 0.47 over 5 years.
Is KTB a good diversifier for AIN?
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?
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/ain-vs-ktb.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ain-vs-ktb/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AIN correlations · KTB correlations
