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GLW vs KN: Correlation

How closely do Corning Inc. (GLW) and Knowles Corporation (KN) trade together? Their weekly returns over three years give a correlation of 0.55, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.55
moderate
Correlation (1Y)
0.62
last 12 months
Correlation (5Y)
0.52
long-run
Ann. covariance
846.0
%² · weekly, annualized

How correlated are GLW and KN?

Across a 3-year window, the weekly returns of GLW and KN correlate at 0.55, moderate. Little has changed lately, as the 1-year reading of 0.62 lands near the 3-year figure. Stretching to 5 years gives 0.52, with an annualized covariance of 846.0 %².

Among the 37 assets we track against GLW, KN ranks #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months GLW outperformed by 67.8 percentage points (+129.7% for GLW against +61.9% for KN).

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.

GLW vs KN: side by side

GLW (Corning Inc.)KN (Knowles Corporation)
1-year return+129.7%+61.9%
5-year return+331.4%+73.8%
Volatility (ann.)42.1%36.5%
Beta vs S&P 5001.151.65
Max drawdown (3Y)-51.5%-38.0%
Market cap$131.6B$3.0B
P/E (trailing)70.441.1
Dividend yield0.73%0.00%
Sector / categoryInformation TechnologyUS Listed
Lower P/E: KN 41.1 vs 70.4Higher yield: GLW 0.73% vs 0.00%Smaller drawdown: KN -38.0% vs -51.5%Higher 5y return: GLW +331.4% vs +73.8%
-1%0%+213%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. GLW · KN

Year-by-year returns

YearGLWKN
2022-11.6%-29.7%
2023-1.2%+9.1%
2024+60.6%+11.3%
2025+87.8%+7.5%
2026+75.1%+63.1%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are GLW and KN good diversifiers for each other?

Only partially. A correlation of 0.55 means GLW and KN 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 GLW and KN?

As of 2026-08-27, the correlation of weekly returns between GLW and KN is 0.55 over 3 years, 0.62 over 1 year and 0.52 over 5 years.

Is KN a good diversifier for GLW?

Only partially. A correlation of 0.55 means GLW and KN share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

What does a correlation of 0.55 mean?

On the −1 to +1 scale, 0.55 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/glw-vs-kn.json

GLW vs KN: 3-year weekly correlation 0.55GLW vs KN0.55

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Related comparisons

Hubs: GLW correlations · KN correlations