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KFRC vs KFY: Correlation

Measured on weekly returns over the past three years, Kforce, Inc. (KFRC) and Korn Ferry (KFY) carry a correlation of 0.54, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.54
moderate
Correlation (1Y)
0.55
last 12 months
Correlation (5Y)
0.51
long-run
Ann. covariance
604.0
%² · weekly, annualized

How correlated are KFRC and KFY?

On 3 years of weekly data the KFRC/KFY correlation comes out at 0.54, moderate. Recent behaviour matches the longer record: 0.55 over 1 year against 0.54 over 3. The 5-year figure is 0.51, and annualized covariance runs at 604.0 %².

In KFRC's tracked universe of 13 assets, KFY sits right near the top at #2. Correlation aside, the last 12 months split them widely, with KFRC ahead by 69.9 points (+86.1% versus +16.2%). Risk is not evenly split, since KFRC carries 1.6 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.

KFRC vs KFY: side by side

KFRC (Kforce, Inc.)KFY (Korn Ferry)
1-year return+86.1%+16.2%
5-year return+15.1%+30.5%
Volatility (ann.)42.4%26.3%
Beta vs S&P 5000.680.89
Max drawdown (3Y)-64.7%-24.1%
Market cap$1.0B$4.3B
P/E (trailing)26.916.1
Dividend yield2.77%2.37%
Sector / categoryUS ListedUS Listed
Lower P/E: KFY 16.1 vs 26.9Higher yield: KFRC 2.77% vs 2.37%Smaller drawdown: KFY -24.1% vs -64.7%Higher 5y return: KFY +30.5% vs +15.1%
-20%0%+93%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). KFRC · KFY

Year-by-year returns

YearKFRCKFY
2022-25.7%-32.4%
2023+26.1%+19.1%
2024-14.0%+16.1%
2025-43.1%+0.6%
2026+91.6%+30.4%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are KFRC and KFY good diversifiers for each other?

Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.

FAQ

What is the correlation between KFRC and KFY?

Using weekly returns as of 2026-08-27: 0.54 over 3 years, with 0.55 over the last year and 0.51 over 5 years.

Is KFY a good diversifier for KFRC?

Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.

What does a correlation of 0.54 mean?

On the −1 to +1 scale, 0.54 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.

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KFRC vs KFY: 3-year weekly correlation 0.54KFRC vs KFY0.54

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Related comparisons

Hubs: KFRC correlations · KFY correlations