ARKO vs KTB: Correlation
Measured on weekly returns over the past three years, ARKO Corp. (ARKO) 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 ARKO and KTB?
Across a 3-year window, the weekly returns of ARKO and KTB correlate at 0.52, moderate. The past 12 months show a weaker link (0.39) than the 3-year average (0.52). Stretching to 5 years gives 0.47, with an annualized covariance of 1336.3 %².
In ARKO's tracked universe of 10 assets, KTB sits right near the top at #1. On 12-month performance KTB holds a 10.6-point edge, -9.7% against +0.9%.
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.
ARKO vs KTB: side by side
| ARKO (ARKO Corp.) | KTB (Kontoor Brands, Inc.) | |
|---|---|---|
| 1-year return | -9.7% | +0.9% |
| 5-year return | -52.2% | +65.6% |
| Volatility (ann.) | 57.6% | 44.3% |
| Beta vs S&P 500 | 1.16 | 1.05 |
| Max drawdown (3Y) | -55.2% | -44.9% |
| Market cap | $0.5B | $4.2B |
| P/E (trailing) | 55.8 | 15.6 |
| Dividend yield | 2.57% | 2.73% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ARKO | KTB |
|---|---|---|
| 2022 | -0.3% | -18.3% |
| 2023 | -3.3% | +62.6% |
| 2024 | -18.6% | +40.7% |
| 2025 | -29.3% | -26.3% |
| 2026 | -0.2% | +27.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARKO and KTB good diversifiers for each other?
Only partially. A correlation of 0.52 means ARKO and KTB share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between ARKO and KTB?
As of 2026-08-27, the correlation of weekly returns between ARKO and KTB is 0.52 over 3 years, 0.39 over 1 year and 0.47 over 5 years.
Is KTB a good diversifier for ARKO?
Only partially. A correlation of 0.52 means ARKO and KTB share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
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/arko-vs-ktb.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/arko-vs-ktb/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ARKO correlations · KTB correlations
