DPRO vs KTOS: Correlation
Draganfly Inc. (DPRO) and Kratos Defense & Security Solutions, Inc. (KTOS) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DPRO and KTOS?
On 3 years of weekly data the DPRO/KTOS correlation comes out at 0.44, moderate. The past 12 months show a tighter link (0.63) than the 3-year average (0.44). The 5-year figure is 0.37, and annualized covariance runs at 3150.2 %².
By 3-year correlation, KTOS places #4 of the 12 assets tracked against DPRO. Correlation aside, the last 12 months split them widely, with DPRO ahead by 15.8 points (-5.2% versus -21.0%). One caveat on sizing: DPRO is 2.0 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
DPRO vs KTOS: side by side
| DPRO (Draganfly Inc.) | KTOS (Kratos Defense & Security Solutions, Inc.) | |
|---|---|---|
| 1-year return | -5.2% | -21.0% |
| 5-year return | -93.9% | +117.5% |
| Volatility (ann.) | 118.7% | 59.9% |
| Beta vs S&P 500 | 2.21 | 1.62 |
| Max drawdown (3Y) | -92.7% | -66.4% |
| Market cap | $0.2B | $10.1B |
| P/E (trailing) | – | 315.8 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DPRO | KTOS |
|---|---|---|
| 2022 | -54.0% | -46.8% |
| 2023 | -36.0% | +96.6% |
| 2024 | -66.6% | +30.0% |
| 2025 | +72.3% | +187.8% |
| 2026 | -36.8% | -29.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DPRO and KTOS good diversifiers for each other?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DPRO and KTOS?
Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.63 over the last year and 0.37 over 5 years.
Is KTOS a good diversifier for DPRO?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.44 mean?
On the −1 to +1 scale, 0.44 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/dpro-vs-ktos.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dpro-vs-ktos/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DPRO correlations · KTOS correlations
