GDDY vs KKR: Correlation
Measured on weekly returns over the past three years, GoDaddy (GDDY) and KKR & Co. (KKR) carry a correlation of 0.48, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GDDY and KKR?
On 3 years of weekly data the GDDY/KKR correlation comes out at 0.48, moderate. The link has loosened recently: the 1-year correlation (0.32) runs below the 3-year figure (0.48). The 5-year figure is 0.45, and annualized covariance runs at 611.4 %².
Among the 32 assets we track against GDDY, KKR ranks #10 by 3-year correlation. On 12-month performance KKR holds a 12.8-point edge, -34.4% against -21.6%. On a rolling one-year basis the correlation drifted between 0.29 and 0.64, a moderate band.
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.
GDDY vs KKR: side by side
| GDDY (GoDaddy) | KKR (KKR & Co.) | |
|---|---|---|
| 1-year return | -34.4% | -21.6% |
| 5-year return | +32.1% | +77.3% |
| Volatility (ann.) | 33.6% | 37.8% |
| Beta vs S&P 500 | 0.93 | 1.76 |
| Max drawdown (3Y) | -65.0% | -49.4% |
| Market cap | $12.3B | $101.0B |
| P/E (trailing) | 14.4 | 34.7 |
| Dividend yield | 0.00% | 0.70% |
| Sector / category | Information Technology | Financials |
Year-by-year returns
| Year | GDDY | KKR |
|---|---|---|
| 2022 | -11.8% | -37.0% |
| 2023 | +41.9% | +80.5% |
| 2024 | +85.9% | +79.6% |
| 2025 | -37.1% | -13.3% |
| 2026 | -21.8% | -13.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GDDY and KKR good diversifiers for each other?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GDDY and KKR?
The GDDY/KKR correlation stands at 0.48 on a 3-year window (1 year: 0.32, 5 years: 0.45), computed from weekly returns as of 2026-08-27.
Is KKR a good diversifier for GDDY?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.48 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.
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Hubs: GDDY correlations · KKR correlations