CNS vs KIM: Correlation
Measured on weekly returns over the past three years, Cohen & Steers Inc (CNS) and Kimco Realty (KIM) carry a correlation of 0.67, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CNS and KIM?
Across a 3-year window, the weekly returns of CNS and KIM correlate at 0.67, strong. Recent behaviour matches the longer record: 0.58 over 1 year against 0.67 over 3. Stretching to 5 years gives 0.64, with an annualized covariance of 466.8 %².
In CNS's tracked universe of 13 assets, KIM sits right near the top at #3. Neither side won the trailing year by much: +13.7% against +11.4%.
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.
CNS vs KIM: side by side
| CNS (Cohen & Steers Inc) | KIM (Kimco Realty) | |
|---|---|---|
| 1-year return | +13.7% | +11.4% |
| 5-year return | +11.8% | +35.9% |
| Volatility (ann.) | 30.4% | 22.9% |
| Beta vs S&P 500 | 0.83 | 0.63 |
| Max drawdown (3Y) | -42.6% | -25.9% |
| Market cap | $4.2B | $16.0B |
| P/E (trailing) | 25.7 | 28.0 |
| Dividend yield | 3.10% | 4.29% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | CNS | KIM |
|---|---|---|
| 2022 | -28.0% | -10.8% |
| 2023 | +21.8% | +6.1% |
| 2024 | +25.5% | +15.0% |
| 2025 | -29.8% | -9.3% |
| 2026 | +35.3% | +20.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CNS and KIM good diversifiers for each other?
To a limited degree. At 0.67 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between CNS and KIM?
Using weekly returns as of 2026-08-27: 0.67 over 3 years, with 0.58 over the last year and 0.64 over 5 years.
Is KIM a good diversifier for CNS?
To a limited degree. At 0.67 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.67 mean?
On the −1 to +1 scale, 0.67 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/cns-vs-kim.json
Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: CNS correlations · KIM correlations
