BZ vs YUMC: Correlation
KANZHUN LIMITED - American Depository Shares (BZ) and Yum China Holdings, Inc. (YUMC) 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 BZ and YUMC?
Across a 3-year window, the weekly returns of BZ and YUMC correlate at 0.43, moderate. The link has loosened recently: the 1-year correlation (-0.11) runs below the 3-year figure (0.43). Stretching to 5 years gives 0.56, with an annualized covariance of 785.8 %².
Among the 17 assets we track against BZ, YUMC ranks #7 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months YUMC outperformed by 22.6 percentage points (-20.7% for BZ against +1.9% for YUMC).
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.
BZ vs YUMC: side by side
| BZ (KANZHUN LIMITED - American Depository Shares) | YUMC (Yum China Holdings, Inc.) | |
|---|---|---|
| 1-year return | -20.7% | +1.9% |
| 5-year return | -47.9% | -21.2% |
| Volatility (ann.) | 49.3% | 37.2% |
| Beta vs S&P 500 | 1.20 | 0.25 |
| Max drawdown (3Y) | -51.6% | -49.0% |
| Market cap | $8.0B | $15.3B |
| P/E (trailing) | 12.9 | 16.5 |
| Dividend yield | 0.00% | 2.26% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BZ | YUMC |
|---|---|---|
| 2022 | -41.6% | +10.8% |
| 2023 | -17.5% | -21.6% |
| 2024 | -16.9% | +15.4% |
| 2025 | +48.7% | +0.1% |
| 2026 | -11.7% | -4.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BZ and YUMC good diversifiers for each other?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BZ and YUMC?
As of 2026-08-27, the correlation of weekly returns between BZ and YUMC is 0.43 over 3 years, -0.11 over 1 year and 0.56 over 5 years.
Is YUMC a good diversifier for BZ?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.43 mean?
A reading of 0.43 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
$ curl https://www.pairbook.io/api/v1/pairs/bz-vs-yumc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bz-vs-yumc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BZ correlations · YUMC correlations
