KBH vs REYN: Correlation
How closely do KB Home (KBH) and Reynolds Consumer Products Inc. (REYN) trade together? Their weekly returns over three years give a correlation of 0.43, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KBH and REYN?
Over the past 3 years, KBH and REYN moved with a correlation of 0.43, which is moderate. The link has tightened recently: the 1-year correlation (0.68) runs above the 3-year figure (0.43). Over 5 years the correlation is 0.39, and the annualized covariance of weekly returns is 327.3 %².
Among the 27 assets we track against KBH, REYN ranks #20 by 3-year correlation. The last year tells two different stories: REYN led by 21.8 percentage points, -12.1% for KBH against +9.7% for REYN. Note the risk asymmetry: KBH runs 1.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
KBH vs REYN: side by side
| KBH (KB Home) | REYN (Reynolds Consumer Products Inc.) | |
|---|---|---|
| 1-year return | -12.1% | +9.7% |
| 5-year return | +37.4% | +1.4% |
| Volatility (ann.) | 35.8% | 21.1% |
| Beta vs S&P 500 | 0.78 | 0.24 |
| Max drawdown (3Y) | -48.3% | -33.4% |
| Market cap | – | $5.1B |
| P/E (trailing) | 13.6 | 14.8 |
| Dividend yield | 1.78% | 3.74% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KBH | REYN |
|---|---|---|
| 2022 | -27.5% | -1.5% |
| 2023 | +99.0% | -7.5% |
| 2024 | +6.6% | +3.8% |
| 2025 | -12.7% | -11.7% |
| 2026 | -1.7% | +8.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KBH and REYN good diversifiers for each other?
Reasonably. At 0.43, KBH and REYN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between KBH and REYN?
The KBH/REYN correlation stands at 0.43 on a 3-year window (1 year: 0.68, 5 years: 0.39), computed from weekly returns as of 2026-08-27.
Is REYN a good diversifier for KBH?
Reasonably. At 0.43, KBH and REYN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 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/kbh-vs-reyn.json
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The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KBH correlations · REYN correlations
