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BRBR vs KMPR: Correlation

BellRing Brands, Inc. (BRBR) and Kemper Corporation (KMPR) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.46
moderate
Correlation (1Y)
0.57
last 12 months
Correlation (5Y)
0.42
long-run
Ann. covariance
755.1
%² · weekly, annualized

How correlated are BRBR and KMPR?

Over the past 3 years, BRBR and KMPR moved with a correlation of 0.46, which is moderate. The link has tightened recently: the 1-year correlation (0.57) runs above the 3-year figure (0.46). Over 5 years the correlation is 0.42, and the annualized covariance of weekly returns is 755.1 %².

Few assets follow BRBR as closely as KMPR, which ranks #1 of 20 tracked partners. Correlation aside, the last 12 months split them widely, with KMPR ahead by 28.6 points (-74.8% versus -46.2%). One caveat on sizing: BRBR is 1.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.

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.

BRBR vs KMPR: side by side

BRBR (BellRing Brands, Inc.)KMPR (Kemper Corporation)
1-year return-74.8%-46.2%
5-year return-68.8%-53.7%
Volatility (ann.)51.5%32.1%
Beta vs S&P 5000.490.61
Max drawdown (3Y)-90.0%-66.8%
Market cap$1.2B$1.6B
P/E (trailing)7.6
Dividend yield0.00%4.51%
Sector / categoryUS ListedUS Listed
Higher yield: KMPR 4.51% vs 0.00%Smaller drawdown: KMPR -66.8% vs -90.0%Higher 5y return: KMPR -53.7% vs -68.8%
-79%0%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. BRBR · KMPR

Year-by-year returns

YearBRBRKMPR
2022-10.1%-14.2%
2023+116.2%+1.5%
2024+35.9%+39.2%
2025-64.5%-37.5%
2026-61.6%-29.5%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are BRBR and KMPR good diversifiers for each other?

A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between BRBR and KMPR?

Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.57 over the last year and 0.42 over 5 years.

Is KMPR a good diversifier for BRBR?

A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.46 mean?

A reading of 0.46 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/brbr-vs-kmpr.json

BRBR vs KMPR: 3-year weekly correlation 0.46BRBR vs KMPR0.46

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Related comparisons

Hubs: BRBR correlations · KMPR correlations