GTX vs KN: Correlation
How closely do Garrett Motion Inc. (GTX) and Knowles Corporation (KN) trade together? Their weekly returns over three years give a correlation of 0.46, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GTX and KN?
Across a 3-year window, the weekly returns of GTX and KN correlate at 0.46, moderate. Little has changed lately, as the 1-year reading of 0.44 lands near the 3-year figure. Stretching to 5 years gives 0.38, with an annualized covariance of 714.8 %².
Few assets follow GTX as closely as KN, which ranks #2 of 10 tracked partners. The last year tells two different stories: GTX led by 49.7 percentage points, +111.6% for GTX 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.
GTX vs KN: side by side
| GTX (Garrett Motion Inc.) | KN (Knowles Corporation) | |
|---|---|---|
| 1-year return | +111.6% | +61.9% |
| 5-year return | +313.6% | +73.8% |
| Volatility (ann.) | 43.0% | 36.5% |
| Beta vs S&P 500 | 1.04 | 1.65 |
| Max drawdown (3Y) | -28.7% | -38.0% |
| Market cap | $5.1B | $3.0B |
| P/E (trailing) | 14.8 | 41.1 |
| Dividend yield | 1.11% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GTX | KN |
|---|---|---|
| 2022 | -5.1% | -29.7% |
| 2023 | +26.9% | +9.1% |
| 2024 | -6.6% | +11.3% |
| 2025 | +97.2% | +7.5% |
| 2026 | +58.4% | +63.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GTX and KN good diversifiers for each other?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GTX and KN?
The GTX/KN correlation stands at 0.46 on a 3-year window (1 year: 0.44, 5 years: 0.38), computed from weekly returns as of 2026-08-27.
Is KN a good diversifier for GTX?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.46 mean?
A reading of 0.46 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/gtx-vs-kn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gtx-vs-kn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GTX correlations · KN correlations
