BALL vs YUM: Correlation
Ball Corporation (BALL) and Yum! Brands (YUM) show a moderate relationship: their 3-year correlation of weekly returns is 0.43.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BALL and YUM?
Across a 3-year window, the weekly returns of BALL and YUM correlate at 0.43, moderate. The past 12 months show a tighter link (0.56) than the 3-year average (0.43). Stretching to 5 years gives 0.43, with an annualized covariance of 244.4 %².
Within BALL's tracked universe of 41 assets, YUM comes in at #24 by 3-year correlation. The last year tells two different stories: BALL led by 17.2 percentage points, +22.9% for BALL against +5.7% for YUM. On a rolling one-year basis the correlation drifted between 0.17 and 0.61, a moderate band.
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.
BALL vs YUM: side by side
| BALL (Ball Corporation) | YUM (Yum! Brands) | |
|---|---|---|
| 1-year return | +22.9% | +5.7% |
| 5-year return | -29.3% | +26.2% |
| Volatility (ann.) | 26.9% | 21.3% |
| Beta vs S&P 500 | 0.43 | 0.34 |
| Max drawdown (3Y) | -35.6% | -14.5% |
| Market cap | $16.8B | $41.1B |
| P/E (trailing) | 18.4 | 19.0 |
| Dividend yield | 1.25% | 0.95% |
| Sector / category | Materials | Consumer Discretionary |
Year-by-year returns
| Year | BALL | YUM |
|---|---|---|
| 2022 | -46.2% | -6.0% |
| 2023 | +14.1% | +3.9% |
| 2024 | -3.0% | +4.7% |
| 2025 | -2.4% | +14.9% |
| 2026 | +20.4% | +0.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BALL and YUM good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BALL and YUM?
The BALL/YUM correlation stands at 0.43 on a 3-year window (1 year: 0.56, 5 years: 0.43), computed from weekly returns as of 2026-08-27.
Is YUM a good diversifier for BALL?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.43 mean?
On the −1 to +1 scale, 0.43 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/ball-vs-yum.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ball-vs-yum/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BALL correlations · YUM correlations
