GNRC vs KN: Correlation
Generac (GNRC) and Knowles Corporation (KN) show a moderate relationship: their 3-year correlation of weekly returns is 0.53.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GNRC and KN?
Over the past 3 years, GNRC and KN moved with a correlation of 0.53, which is moderate. Little has changed lately, as the 1-year reading of 0.49 lands near the 3-year figure. Over 5 years the correlation is 0.47, and the annualized covariance of weekly returns is 892.3 %².
Within GNRC's tracked universe of 35 assets, KN comes in at #10 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months KN outperformed by 56.4 percentage points (+5.5% for GNRC 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.
GNRC vs KN: side by side
| GNRC (Generac) | KN (Knowles Corporation) | |
|---|---|---|
| 1-year return | +5.5% | +61.9% |
| 5-year return | -55.4% | +73.8% |
| Volatility (ann.) | 46.1% | 36.5% |
| Beta vs S&P 500 | 1.35 | 1.65 |
| Max drawdown (3Y) | -47.8% | -38.0% |
| Market cap | $11.6B | $3.0B |
| P/E (trailing) | 47.4 | 41.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | GNRC | KN |
|---|---|---|
| 2022 | -71.4% | -29.7% |
| 2023 | +28.4% | +9.1% |
| 2024 | +20.0% | +11.3% |
| 2025 | -12.0% | +7.5% |
| 2026 | +44.7% | +63.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GNRC and KN good diversifiers for each other?
To a limited degree. At 0.53 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between GNRC and KN?
As of 2026-08-27, the correlation of weekly returns between GNRC and KN is 0.53 over 3 years, 0.49 over 1 year and 0.47 over 5 years.
Is KN a good diversifier for GNRC?
To a limited degree. At 0.53 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.53 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/gnrc-vs-kn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gnrc-vs-kn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GNRC correlations · KN correlations
