FOSL vs KE: Correlation
How closely do Fossil Group, Inc. (FOSL) and Kimball Electronics, Inc. (KE) trade together? Their weekly returns over three years give a correlation of 0.41, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FOSL and KE?
Across a 3-year window, the weekly returns of FOSL and KE correlate at 0.41, moderate. Little has changed lately, as the 1-year reading of 0.32 lands near the 3-year figure. Stretching to 5 years gives 0.33, with an annualized covariance of 1601.8 %².
By 3-year correlation, KE places #5 of the 13 assets tracked against FOSL. Their recent paths diverged sharply: over the last 12 months FOSL outperformed by 90.8 percentage points (+75.8% for FOSL against -15.0% for KE). Risk is not evenly split, since FOSL carries 2.2 times the volatility of the other side.
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.
FOSL vs KE: side by side
| FOSL (Fossil Group, Inc.) | KE (Kimball Electronics, Inc.) | |
|---|---|---|
| 1-year return | +75.8% | -15.0% |
| 5-year return | -60.8% | +0.6% |
| Volatility (ann.) | 92.1% | 42.0% |
| Beta vs S&P 500 | 1.49 | 1.22 |
| Max drawdown (3Y) | -65.5% | -58.5% |
| Market cap | $0.3B | $0.6B |
| P/E (trailing) | – | 21.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FOSL | KE |
|---|---|---|
| 2022 | -58.1% | +3.8% |
| 2023 | -66.1% | +19.3% |
| 2024 | +14.4% | -30.5% |
| 2025 | +125.1% | +48.5% |
| 2026 | +43.1% | -13.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FOSL and KE good diversifiers for each other?
Reasonably. At 0.41, FOSL and KE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between FOSL and KE?
As of 2026-08-27, the correlation of weekly returns between FOSL and KE is 0.41 over 3 years, 0.32 over 1 year and 0.33 over 5 years.
Is KE a good diversifier for FOSL?
Reasonably. At 0.41, FOSL and KE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 mean?
A reading of 0.41 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/fosl-vs-ke.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fosl-vs-ke/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FOSL correlations · KE correlations
