CRH vs KNF: Correlation
CRH plc (CRH) and Knife Riv Holding Co. (KNF) show a moderate relationship: their 3-year correlation of weekly returns is 0.55.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRH and KNF?
Across a 3-year window, the weekly returns of CRH and KNF correlate at 0.55, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.45 versus 0.55 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of 663.4 %².
By 3-year correlation, KNF places #20 of the 40 assets tracked against CRH. Over the last 12 months CRH came out ahead by 5.0 percentage points (-14.6% against -19.6%).
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.
CRH vs KNF: side by side
| CRH (CRH plc) | KNF (Knife Riv Holding Co.) | |
|---|---|---|
| 1-year return | -14.6% | -19.6% |
| 5-year return | +104.1% | n/a |
| Volatility (ann.) | 29.7% | 40.3% |
| Beta vs S&P 500 | 1.26 | 1.06 |
| Max drawdown (3Y) | -28.4% | -44.2% |
| Market cap | $63.6B | $3.8B |
| P/E (trailing) | 17.2 | 27.2 |
| Dividend yield | 1.57% | 0.00% |
| Sector / category | Materials | US Listed |
Year-by-year returns
| Year | CRH | KNF |
|---|---|---|
| 2022 | -20.5% | – |
| 2023 | +81.3% | – |
| 2024 | +35.9% | +53.6% |
| 2025 | +35.9% | -30.8% |
| 2026 | -22.6% | -5.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRH and KNF good diversifiers for each other?
Only partially. A correlation of 0.55 means CRH and KNF share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between CRH and KNF?
The CRH/KNF correlation stands at 0.55 on a 3-year window (1 year: 0.45, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is KNF a good diversifier for CRH?
Only partially. A correlation of 0.55 means CRH and KNF share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.55 mean?
A reading of 0.55 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/crh-vs-knf.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/crh-vs-knf/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CRH correlations · KNF correlations
