JBL vs KN: Correlation
Measured on weekly returns over the past three years, Jabil (JBL) and Knowles Corporation (KN) carry a correlation of 0.59, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JBL and KN?
On 3 years of weekly data the JBL/KN correlation comes out at 0.59, moderate. The past 12 months show a tighter link (0.70) than the 3-year average (0.59). The 5-year figure is 0.52, and annualized covariance runs at 873.1 %².
Among the 34 assets we track against JBL, KN ranks #6 by 3-year correlation. On 12-month performance KN holds a 11.5-point edge, +50.4% against +61.9%.
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.
JBL vs KN: side by side
| JBL (Jabil) | KN (Knowles Corporation) | |
|---|---|---|
| 1-year return | +50.4% | +61.9% |
| 5-year return | +405.5% | +73.8% |
| Volatility (ann.) | 40.6% | 36.5% |
| Beta vs S&P 500 | 1.47 | 1.65 |
| Max drawdown (3Y) | -36.8% | -38.0% |
| Market cap | $32.7B | $3.0B |
| P/E (trailing) | 38.9 | 41.1 |
| Dividend yield | 0.10% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | JBL | KN |
|---|---|---|
| 2022 | -2.5% | -29.7% |
| 2023 | +87.4% | +9.1% |
| 2024 | +13.3% | +11.3% |
| 2025 | +58.7% | +7.5% |
| 2026 | +37.0% | +63.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JBL and KN good diversifiers for each other?
Only partially. A correlation of 0.59 means JBL 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 JBL and KN?
The JBL/KN correlation stands at 0.59 on a 3-year window (1 year: 0.70, 5 years: 0.52), computed from weekly returns as of 2026-08-27.
Is KN a good diversifier for JBL?
Only partially. A correlation of 0.59 means JBL 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 0.59 mean?
A reading of 0.59 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/jbl-vs-kn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/jbl-vs-kn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: JBL correlations · KN correlations
