CORZ vs KHC: Correlation
Core Scientific, Inc. (CORZ) and Kraft Heinz (KHC) show a negative relationship: their 3-year correlation of weekly returns is -0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CORZ and KHC?
On 3 years of weekly data the CORZ/KHC correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.28 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -494.5 %².
By 3-year correlation, KHC places #14 of the 19 assets tracked against CORZ. Their recent paths diverged sharply: over the last 12 months CORZ outperformed by 28.0 percentage points (+24.1% for CORZ against -3.9% for KHC). One caveat on sizing: CORZ is 4.1 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.
CORZ vs KHC: side by side
| CORZ (Core Scientific, Inc.) | KHC (Kraft Heinz) | |
|---|---|---|
| 1-year return | +24.1% | -3.9% |
| 5-year return | n/a | -10.9% |
| Volatility (ann.) | 89.6% | 21.7% |
| Beta vs S&P 500 | 2.71 | 0.12 |
| Max drawdown (3Y) | -64.9% | -38.7% |
| Market cap | $5.7B | $29.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 6.45% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | CORZ | KHC |
|---|---|---|
| 2022 | – | +18.2% |
| 2023 | – | -5.0% |
| 2024 | – | -13.0% |
| 2025 | +3.6% | -16.3% |
| 2026 | +21.0% | +7.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CORZ and KHC good diversifiers for each other?
Yes. With a correlation of -0.25, CORZ and KHC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CORZ and KHC?
The CORZ/KHC correlation stands at -0.25 on a 3-year window (1 year: -0.28, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is KHC a good diversifier for CORZ?
Yes. With a correlation of -0.25, CORZ and KHC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.25 mean?
A reading of -0.25 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/corz-vs-khc.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/corz-vs-khc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CORZ correlations · KHC correlations
