EVR vs KKR: Correlation
How closely do Evercore Inc. (EVR) and KKR & Co. (KKR) trade together? Their weekly returns over three years give a correlation of 0.70, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EVR and KKR?
Across a 3-year window, the weekly returns of EVR and KKR correlate at 0.70, strong. The past 12 months show a weaker link (0.48) than the 3-year average (0.70). Stretching to 5 years gives 0.71, with an annualized covariance of 942.3 %².
Among the 22 assets we track against EVR, KKR ranks #11 by 3-year correlation. The trailing year gives EVR the advantage: -9.0% versus -21.6%, a 12.6-point spread.
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.
EVR vs KKR: side by side
| EVR (Evercore Inc.) | KKR (KKR & Co.) | |
|---|---|---|
| 1-year return | -9.0% | -21.6% |
| 5-year return | +125.5% | +77.3% |
| Volatility (ann.) | 35.8% | 37.8% |
| Beta vs S&P 500 | 1.64 | 1.76 |
| Max drawdown (3Y) | -47.9% | -49.4% |
| Market cap | $11.2B | $101.0B |
| P/E (trailing) | 16.4 | 34.7 |
| Dividend yield | 1.19% | 0.70% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | EVR | KKR |
|---|---|---|
| 2022 | -17.6% | -37.0% |
| 2023 | +60.6% | +80.5% |
| 2024 | +64.3% | +79.6% |
| 2025 | +24.3% | -13.3% |
| 2026 | -13.7% | -13.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EVR and KKR good diversifiers for each other?
Only partially. A correlation of 0.70 means EVR and KKR 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 EVR and KKR?
Using weekly returns as of 2026-08-27: 0.70 over 3 years, with 0.48 over the last year and 0.71 over 5 years.
Is KKR a good diversifier for EVR?
Only partially. A correlation of 0.70 means EVR and KKR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.70 mean?
On the −1 to +1 scale, 0.70 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.
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Related comparisons
Hubs: EVR correlations · KKR correlations
