KD vs SIF: Correlation
Measured on weekly returns over the past three years, Kyndryl Holdings, Inc. (KD) and SIFCO Industries, Inc. (SIF) carry a correlation of -0.23, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KD and SIF?
Over the past 3 years, KD and SIF moved with a correlation of -0.23, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.50 versus -0.23 over 3 years. Over 5 years the correlation is -0.12, and the annualized covariance of weekly returns is -945.7 %².
Among the 27 assets we track against KD, SIF ranks #20 by 3-year correlation. Correlation aside, the last 12 months split them widely, with SIF ahead by 290.2 points (-58.0% versus +232.2%).
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.
KD vs SIF: side by side
| KD (Kyndryl Holdings, Inc.) | SIF (SIFCO Industries, Inc.) | |
|---|---|---|
| 1-year return | -58.0% | +232.2% |
| 5-year return | -67.5% | +174.7% |
| Volatility (ann.) | 53.4% | 76.9% |
| Beta vs S&P 500 | 1.59 | 0.80 |
| Max drawdown (3Y) | -75.6% | -57.3% |
| Market cap | $2.9B | – |
| P/E (trailing) | 34.0 | 35.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KD | SIF |
|---|---|---|
| 2022 | -38.6% | -66.8% |
| 2023 | +86.9% | +110.2% |
| 2024 | +66.5% | -21.8% |
| 2025 | -23.2% | +57.2% |
| 2026 | -50.1% | +300.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KD and SIF good diversifiers for each other?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
FAQ
What is the correlation between KD and SIF?
As of 2026-08-27, the correlation of weekly returns between KD and SIF is -0.23 over 3 years, -0.50 over 1 year and -0.12 over 5 years.
Is SIF a good diversifier for KD?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
What does a correlation of -0.23 mean?
A reading of -0.23 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/kd-vs-sif.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kd-vs-sif/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KD correlations · SIF correlations
