CTS vs KN: Correlation
Measured on weekly returns over the past three years, CTS Corporation (CTS) and Knowles Corporation (KN) carry a correlation of 0.73, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CTS and KN?
Across a 3-year window, the weekly returns of CTS and KN correlate at 0.73, strong. Recent behaviour matches the longer record: 0.73 over 1 year against 0.73 over 3. Stretching to 5 years gives 0.57, with an annualized covariance of 875.3 %².
In CTS's tracked universe of 26 assets, KN sits right near the top at #3. Correlation aside, the last 12 months split them widely, with KN ahead by 26.1 points (+35.8% versus +61.9%).
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.
CTS vs KN: side by side
| CTS (CTS Corporation) | KN (Knowles Corporation) | |
|---|---|---|
| 1-year return | +35.8% | +61.9% |
| 5-year return | +63.4% | +73.8% |
| Volatility (ann.) | 33.0% | 36.5% |
| Beta vs S&P 500 | 1.40 | 1.65 |
| Max drawdown (3Y) | -40.6% | -38.0% |
| Market cap | $1.6B | $3.0B |
| P/E (trailing) | 23.8 | 41.1 |
| Dividend yield | 0.28% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CTS | KN |
|---|---|---|
| 2022 | +7.8% | -29.7% |
| 2023 | +11.4% | +9.1% |
| 2024 | +20.9% | +11.3% |
| 2025 | -18.4% | +7.5% |
| 2026 | +34.7% | +63.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CTS and KN good diversifiers for each other?
Only partially. A correlation of 0.73 means CTS and KN 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 CTS and KN?
The CTS/KN correlation stands at 0.73 on a 3-year window (1 year: 0.73, 5 years: 0.57), computed from weekly returns as of 2026-08-27.
Is KN a good diversifier for CTS?
Only partially. A correlation of 0.73 means CTS and KN share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.73 mean?
A reading of 0.73 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/cts-vs-kn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cts-vs-kn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CTS correlations · KN correlations
