GJO vs KTCC: Correlation
How closely do Synthetic Fixed-Income Securities, Inc. on behalf of (GJO) and Key Tronic Corporation (KTCC) trade together? Their weekly returns over three years give a correlation of 0.24, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GJO and KTCC?
Across a 3-year window, the weekly returns of GJO and KTCC correlate at 0.24, weak. Little has changed lately, as the 1-year reading of 0.29 lands near the 3-year figure. Stretching to 5 years gives 0.18, with an annualized covariance of 66.3 %².
By 3-year correlation, KTCC places #4 of the 16 assets tracked against GJO. Correlation aside, the last 12 months split them widely, with KTCC ahead by 26.6 points (+2.6% versus +29.2%). Risk is not evenly split, since KTCC carries 5.7 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.
GJO vs KTCC: side by side
| GJO (Synthetic Fixed-Income Securities, Inc. on behalf of) | KTCC (Key Tronic Corporation) | |
|---|---|---|
| 1-year return | +2.6% | +29.2% |
| 5-year return | +27.3% | -42.7% |
| Volatility (ann.) | 6.9% | 39.4% |
| Beta vs S&P 500 | 0.02 | 0.56 |
| Max drawdown (3Y) | -3.2% | -62.5% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | – | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GJO | KTCC |
|---|---|---|
| 2022 | +1.6% | -30.8% |
| 2023 | +10.3% | -0.2% |
| 2024 | +5.2% | -3.5% |
| 2025 | +5.6% | -33.1% |
| 2026 | +1.4% | +38.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GJO and KTCC good diversifiers for each other?
Reasonably. At 0.24, GJO and KTCC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between GJO and KTCC?
Using weekly returns as of 2026-08-27: 0.24 over 3 years, with 0.29 over the last year and 0.18 over 5 years.
Is KTCC a good diversifier for GJO?
Reasonably. At 0.24, GJO and KTCC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.24 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gjo-vs-ktcc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gjo-vs-ktcc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GJO correlations · KTCC correlations
