KD vs TASK: Correlation
Kyndryl Holdings, Inc. (KD) and TaskUs, Inc. (TASK) show a moderate relationship: their 3-year correlation of weekly returns is 0.49.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KD and TASK?
On 3 years of weekly data the KD/TASK correlation comes out at 0.49, moderate. Little has changed lately, as the 1-year reading of 0.50 lands near the 3-year figure. The 5-year figure is 0.37, and annualized covariance runs at 1533.8 %².
By 3-year correlation, TASK places #11 of the 27 assets tracked against KD. Their recent paths diverged sharply: over the last 12 months TASK outperformed by 30.4 percentage points (-58.0% for KD against -27.6% for TASK).
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 TASK: side by side
| KD (Kyndryl Holdings, Inc.) | TASK (TaskUs, Inc.) | |
|---|---|---|
| 1-year return | -58.0% | -27.6% |
| 5-year return | -67.5% | -78.6% |
| Volatility (ann.) | 53.4% | 58.0% |
| Beta vs S&P 500 | 1.59 | 1.30 |
| Max drawdown (3Y) | -75.6% | -63.0% |
| Market cap | $2.9B | $0.8B |
| P/E (trailing) | 34.0 | 6.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KD | TASK |
|---|---|---|
| 2022 | -38.6% | -68.7% |
| 2023 | +86.9% | -22.7% |
| 2024 | +66.5% | +29.6% |
| 2025 | -23.2% | -30.4% |
| 2026 | -50.1% | +6.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KD and TASK good diversifiers for each other?
Reasonably. At 0.49, KD and TASK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between KD and TASK?
Using weekly returns as of 2026-08-27: 0.49 over 3 years, with 0.50 over the last year and 0.37 over 5 years.
Is TASK a good diversifier for KD?
Reasonably. At 0.49, KD and TASK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.49 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/kd-vs-task.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/kd-vs-task/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KD correlations · TASK correlations
