CPT vs KVUE: Correlation
Measured on weekly returns over the past three years, Camden Property Trust (CPT) and Kenvue (KVUE) carry a correlation of 0.39, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CPT and KVUE?
Across a 3-year window, the weekly returns of CPT and KVUE correlate at 0.39, moderate. Little has changed lately, as the 1-year reading of 0.31 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of 223.7 %².
By 3-year correlation, KVUE places #21 of the 33 assets tracked against CPT. Neither side won the trailing year by much: -0.4% against -3.0%. The rolling one-year correlation moved between 0.14 and 0.49 over the past three years, a moderate range.
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.
CPT vs KVUE: side by side
| CPT (Camden Property Trust) | KVUE (Kenvue) | |
|---|---|---|
| 1-year return | -0.4% | -3.0% |
| 5-year return | -15.4% | n/a |
| Volatility (ann.) | 21.3% | 27.3% |
| Beta vs S&P 500 | 0.55 | 0.16 |
| Max drawdown (3Y) | -21.7% | -41.2% |
| Market cap | $12.2B | $36.9B |
| P/E (trailing) | 35.5 | 22.6 |
| Dividend yield | 3.92% | 4.32% |
| Sector / category | Real Estate | Consumer Staples |
Year-by-year returns
| Year | CPT | KVUE |
|---|---|---|
| 2022 | -35.6% | – |
| 2023 | -7.6% | – |
| 2024 | +21.3% | +3.1% |
| 2025 | -1.5% | -15.9% |
| 2026 | -2.0% | +15.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CPT and KVUE good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CPT and KVUE?
Using weekly returns as of 2026-08-27: 0.39 over 3 years, with 0.31 over the last year and n/a over 5 years.
Is KVUE a good diversifier for CPT?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.39 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/cpt-vs-kvue.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cpt-vs-kvue/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CPT correlations · KVUE correlations
