DIS vs KR: Correlation
Measured on weekly returns over the past three years, Walt Disney Company (The) (DIS) and Kroger (KR) carry a correlation of -0.20, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DIS and KR?
Over the past 3 years, DIS and KR moved with a correlation of -0.20, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.42) than the 3-year average (-0.20). Over 5 years the correlation is -0.01, and the annualized covariance of weekly returns is -132.2 %².
KR is close to the least connected end of DIS's tracked universe, ranking #33 of 37. The trailing year gives DIS the advantage: -8.2% versus -14.4%, a 6.2-point spread. Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from -0.48 to 0.32.
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.
DIS vs KR: side by side
| DIS (Walt Disney Company (The)) | KR (Kroger) | |
|---|---|---|
| 1-year return | -8.2% | -14.4% |
| 5-year return | -38.8% | +37.3% |
| Volatility (ann.) | 27.7% | 23.4% |
| Beta vs S&P 500 | 0.96 | -0.16 |
| Max drawdown (3Y) | -32.9% | -26.2% |
| Market cap | $184.4B | – |
| P/E (trailing) | 22.6 | 33.3 |
| Dividend yield | 1.37% | 1.79% |
| Sector / category | Communication Services | Consumer Staples |
Year-by-year returns
| Year | DIS | KR |
|---|---|---|
| 2022 | -43.9% | +0.4% |
| 2023 | +4.3% | +5.0% |
| 2024 | +24.4% | +36.9% |
| 2025 | +3.3% | +4.3% |
| 2026 | -5.4% | -7.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DIS and KR good diversifiers for each other?
Yes. With a correlation of -0.20, DIS and KR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between DIS and KR?
The DIS/KR correlation stands at -0.20 on a 3-year window (1 year: -0.42, 5 years: -0.01), computed from weekly returns as of 2026-08-27.
Is KR a good diversifier for DIS?
Yes. With a correlation of -0.20, DIS and KR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.20 mean?
On the −1 to +1 scale, -0.20 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dis-vs-kr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dis-vs-kr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DIS correlations · KR correlations
