KBR vs LDOS: Correlation
Measured on weekly returns over the past three years, KBR, Inc. (KBR) and Leidos (LDOS) carry a correlation of 0.58, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KBR and LDOS?
Over the past 3 years, KBR and LDOS moved with a correlation of 0.58, which is moderate. Recent behaviour matches the longer record: 0.60 over 1 year against 0.58 over 3. Over 5 years the correlation is 0.57, and the annualized covariance of weekly returns is 544.9 %².
Few assets follow KBR as closely as LDOS, which ranks #2 of 20 tracked partners. Twelve-month performance is nearly a tie, at -24.8% for KBR and -22.9% for LDOS.
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.
KBR vs LDOS: side by side
| KBR (KBR, Inc.) | LDOS (Leidos) | |
|---|---|---|
| 1-year return | -24.8% | -22.9% |
| 5-year return | +4.0% | +52.1% |
| Volatility (ann.) | 29.9% | 31.4% |
| Beta vs S&P 500 | 0.62 | 0.87 |
| Max drawdown (3Y) | -57.4% | -49.5% |
| Market cap | $4.8B | $17.6B |
| P/E (trailing) | 11.5 | 12.8 |
| Dividend yield | 1.74% | 1.23% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | KBR | LDOS |
|---|---|---|
| 2022 | +11.9% | +20.0% |
| 2023 | +5.9% | +4.5% |
| 2024 | +5.6% | +34.5% |
| 2025 | -29.7% | +26.5% |
| 2026 | -4.1% | -22.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KBR and LDOS good diversifiers for each other?
To a limited degree. At 0.58 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 KBR and LDOS?
Using weekly returns as of 2026-08-27: 0.58 over 3 years, with 0.60 over the last year and 0.57 over 5 years.
Is LDOS a good diversifier for KBR?
To a limited degree. At 0.58 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 0.58 mean?
A reading of 0.58 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/kbr-vs-ldos.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/kbr-vs-ldos/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KBR correlations · LDOS correlations
