COF vs KR: Correlation
Capital One (COF) and Kroger (KR) show a negative relationship: their 3-year correlation of weekly returns is -0.13.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COF and KR?
Over the past 3 years, COF and KR moved with a correlation of -0.13, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.46) than the 3-year average (-0.13). Over 5 years the correlation is 0.00, and the annualized covariance of weekly returns is -92.7 %².
By 3-year correlation, KR places #21 of the 29 assets tracked against COF. On 12-month performance COF holds a 12.4-point edge, -2.0% against -14.4%. This link changes with the market regime, having swung between -0.49 and 0.25 on a rolling one-year basis.
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.
COF vs KR: side by side
| COF (Capital One) | KR (Kroger) | |
|---|---|---|
| 1-year return | -2.0% | -14.4% |
| 5-year return | +43.2% | +37.3% |
| Volatility (ann.) | 30.6% | 23.4% |
| Beta vs S&P 500 | 1.28 | -0.16 |
| Max drawdown (3Y) | -31.5% | -26.2% |
| Market cap | $132.9B | – |
| P/E (trailing) | 12.0 | 33.3 |
| Dividend yield | 1.38% | 1.79% |
| Sector / category | Financials | Consumer Staples |
Year-by-year returns
| Year | COF | KR |
|---|---|---|
| 2022 | -34.6% | +0.4% |
| 2023 | +44.3% | +5.0% |
| 2024 | +38.2% | +36.9% |
| 2025 | +37.6% | +4.3% |
| 2026 | -9.6% | -7.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COF and KR good diversifiers for each other?
Yes: at -0.13, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between COF and KR?
As of 2026-08-27, the correlation of weekly returns between COF and KR is -0.13 over 3 years, -0.46 over 1 year and 0.00 over 5 years.
Is KR a good diversifier for COF?
Yes: at -0.13, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.13 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cof-vs-kr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cof-vs-kr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: COF correlations · KR correlations
