FERG vs KR: Correlation
Measured on weekly returns over the past three years, Ferguson Enterprises (FERG) and Kroger (KR) carry a correlation of -0.19, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FERG and KR?
Across a 3-year window, the weekly returns of FERG and KR correlate at -0.19, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.23) sits close to the 3-year figure. Stretching to 5 years gives -0.06, with an annualized covariance of -134.7 %².
Among the 35 assets we track against FERG, KR ranks #26 by 3-year correlation. Correlation aside, the last 12 months split them widely, with FERG ahead by 15.5 points (+1.1% versus -14.4%). This link changes with the market regime, having swung between -0.30 and 0.27 on a rolling one-year basis.
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.
FERG vs KR: side by side
| FERG (Ferguson Enterprises) | KR (Kroger) | |
|---|---|---|
| 1-year return | +1.1% | -14.4% |
| 5-year return | +82.2% | +37.3% |
| Volatility (ann.) | 30.0% | 23.4% |
| Beta vs S&P 500 | 0.99 | -0.16 |
| Max drawdown (3Y) | -32.9% | -26.2% |
| Market cap | $45.1B | – |
| P/E (trailing) | 23.0 | 33.3 |
| Dividend yield | 1.80% | 1.79% |
| Sector / category | Industrials | Consumer Staples |
Year-by-year returns
| Year | FERG | KR |
|---|---|---|
| 2022 | -27.2% | +0.4% |
| 2023 | +55.1% | +5.0% |
| 2024 | -8.6% | +36.9% |
| 2025 | +29.9% | +4.3% |
| 2026 | +6.4% | -7.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FERG and KR good diversifiers for each other?
Yes. With a correlation of -0.19, FERG and KR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between FERG and KR?
Using weekly returns as of 2026-08-27: -0.19 over 3 years, with -0.23 over the last year and -0.06 over 5 years.
Is KR a good diversifier for FERG?
Yes. With a correlation of -0.19, FERG and KR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.19 mean?
On the −1 to +1 scale, -0.19 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/ferg-vs-kr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ferg-vs-kr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FERG correlations · KR correlations
