HCAT vs KRC: Correlation
Health Catalyst, Inc (HCAT) and Kilroy Realty Corporation (KRC) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HCAT and KRC?
Over the past 3 years, HCAT and KRC moved with a correlation of 0.46, which is moderate. The past 12 months show a tighter link (0.63) than the 3-year average (0.46). Over 5 years the correlation is 0.43, and the annualized covariance of weekly returns is 1173.8 %².
Among the 14 assets we track against HCAT, KRC ranks #4 by 3-year correlation. The last year tells two different stories: KRC led by 51.6 percentage points, -56.9% for HCAT against -5.3% for KRC. One caveat on sizing: HCAT is 2.0 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
HCAT vs KRC: side by side
| HCAT (Health Catalyst, Inc) | KRC (Kilroy Realty Corporation) | |
|---|---|---|
| 1-year return | -56.9% | -5.3% |
| 5-year return | -97.0% | -26.0% |
| Volatility (ann.) | 71.7% | 35.5% |
| Beta vs S&P 500 | 1.49 | 1.02 |
| Max drawdown (3Y) | -91.6% | -35.3% |
| Market cap | $0.1B | $4.3B |
| P/E (trailing) | – | 25.8 |
| Dividend yield | 0.00% | 5.86% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HCAT | KRC |
|---|---|---|
| 2022 | -73.2% | -39.2% |
| 2023 | -12.9% | +10.1% |
| 2024 | -23.7% | +7.8% |
| 2025 | -66.2% | -2.0% |
| 2026 | -33.5% | +1.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HCAT and KRC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between HCAT and KRC?
As of 2026-08-27, the correlation of weekly returns between HCAT and KRC is 0.46 over 3 years, 0.63 over 1 year and 0.43 over 5 years.
Is KRC a good diversifier for HCAT?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.46 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/hcat-vs-krc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/hcat-vs-krc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HCAT correlations · KRC correlations
