DLR vs KN: Correlation
Digital Realty (DLR) and Knowles Corporation (KN) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DLR and KN?
Across a 3-year window, the weekly returns of DLR and KN correlate at 0.46, moderate. Little has changed lately, as the 1-year reading of 0.54 lands near the 3-year figure. Stretching to 5 years gives 0.43, with an annualized covariance of 453.3 %².
Within DLR's tracked universe of 30 assets, KN comes in at #11 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months KN outperformed by 45.5 percentage points (+16.4% for DLR against +61.9% for KN).
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.
DLR vs KN: side by side
| DLR (Digital Realty) | KN (Knowles Corporation) | |
|---|---|---|
| 1-year return | +16.4% | +61.9% |
| 5-year return | +40.3% | +73.8% |
| Volatility (ann.) | 27.1% | 36.5% |
| Beta vs S&P 500 | 0.73 | 1.65 |
| Max drawdown (3Y) | -29.4% | -38.0% |
| Market cap | $72.5B | $3.0B |
| P/E (trailing) | 94.2 | 41.1 |
| Dividend yield | 2.52% | 0.00% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | DLR | KN |
|---|---|---|
| 2022 | -41.0% | -29.7% |
| 2023 | +39.9% | +9.1% |
| 2024 | +35.9% | +11.3% |
| 2025 | -10.1% | +7.5% |
| 2026 | +25.8% | +63.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DLR and KN good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DLR and KN?
Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.54 over the last year and 0.43 over 5 years.
Is KN a good diversifier for DLR?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.46 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/dlr-vs-kn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dlr-vs-kn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DLR correlations · KN correlations
