KELYA vs KPLT: Correlation
How closely do Kelly Services, Inc. (KELYA) and Katapult Holdings, Inc. (KPLT) trade together? Their weekly returns over three years give a correlation of 0.31, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KELYA and KPLT?
Across a 3-year window, the weekly returns of KELYA and KPLT correlate at 0.31, moderate. The past 12 months show a weaker link (0.20) than the 3-year average (0.31). Stretching to 5 years gives 0.22, with an annualized covariance of 994.9 %².
Among the 20 assets we track against KELYA, KPLT ranks #15 by 3-year correlation. Correlation aside, the last 12 months split them widely, with KELYA ahead by 83.2 points (+24.2% versus -59.0%). Risk is not evenly split, since KPLT carries 2.3 times the volatility of the other side.
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.
KELYA vs KPLT: side by side
| KELYA (Kelly Services, Inc.) | KPLT (Katapult Holdings, Inc.) | |
|---|---|---|
| 1-year return | +24.2% | -59.0% |
| 5-year return | -5.4% | -95.6% |
| Volatility (ann.) | 37.3% | 87.1% |
| Beta vs S&P 500 | 0.73 | 1.08 |
| Max drawdown (3Y) | -66.5% | -75.6% |
| Market cap | $0.6B | $0.5B |
| P/E (trailing) | – | 3.1 |
| Dividend yield | 1.77% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KELYA | KPLT |
|---|---|---|
| 2022 | +2.3% | -71.6% |
| 2023 | +30.0% | -54.5% |
| 2024 | -34.5% | -37.9% |
| 2025 | -35.2% | -4.5% |
| 2026 | +98.2% | -12.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KELYA and KPLT good diversifiers for each other?
A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between KELYA and KPLT?
Using weekly returns as of 2026-08-27: 0.31 over 3 years, with 0.20 over the last year and 0.22 over 5 years.
Is KPLT a good diversifier for KELYA?
A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.31 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/kelya-vs-kplt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/kelya-vs-kplt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KELYA correlations · KPLT correlations
