COLM vs CRI: Correlation
Columbia Sportswear Company (COLM) and Carter's, Inc. (CRI) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COLM and CRI?
On 3 years of weekly data the COLM/CRI correlation comes out at 0.44, moderate. The relationship has been stable: the 1-year correlation (0.41) sits close to the 3-year figure. The 5-year figure is 0.51, and annualized covariance runs at 557.6 %².
Among the 17 assets we track against COLM, CRI ranks #9 by 3-year correlation. Correlation aside, the last 12 months split them widely, with CRI ahead by 15.6 points (+5.2% versus +20.8%).
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.
COLM vs CRI: side by side
| COLM (Columbia Sportswear Company) | CRI (Carter's, Inc.) | |
|---|---|---|
| 1-year return | +5.2% | +20.8% |
| 5-year return | -40.1% | -61.2% |
| Volatility (ann.) | 31.1% | 40.6% |
| Beta vs S&P 500 | 0.58 | 0.79 |
| Max drawdown (3Y) | -46.1% | -71.3% |
| Market cap | $2.9B | $1.2B |
| P/E (trailing) | 15.2 | 6.4 |
| Dividend yield | 2.06% | 2.92% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | COLM | CRI |
|---|---|---|
| 2022 | -8.8% | -23.4% |
| 2023 | -7.8% | +4.9% |
| 2024 | +7.1% | -24.0% |
| 2025 | -33.1% | -37.4% |
| 2026 | +4.7% | +4.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COLM and CRI good diversifiers for each other?
Reasonably. At 0.44, COLM and CRI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between COLM and CRI?
As of 2026-08-27, the correlation of weekly returns between COLM and CRI is 0.44 over 3 years, 0.41 over 1 year and 0.51 over 5 years.
Is CRI a good diversifier for COLM?
Reasonably. At 0.44, COLM and CRI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.44 mean?
A reading of 0.44 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: COLM correlations · CRI correlations
