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KFY vs TNET: Correlation

Korn Ferry (KFY) and TriNet Group, Inc. (TNET) show a moderate relationship: their 3-year correlation of weekly returns is 0.54.

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

Correlation (3Y)
0.54
moderate
Correlation (1Y)
0.69
last 12 months
Correlation (5Y)
0.53
long-run
Ann. covariance
574.1
%² · weekly, annualized

How correlated are KFY and TNET?

On 3 years of weekly data the KFY/TNET correlation comes out at 0.54, moderate. The past 12 months show a tighter link (0.69) than the 3-year average (0.54). The 5-year figure is 0.53, and annualized covariance runs at 574.1 %².

By 3-year correlation, TNET places #12 of the 22 assets tracked against KFY. The last year tells two different stories: KFY led by 16.2 percentage points, +16.2% for KFY against +0.0% for TNET. One caveat on sizing: TNET is 1.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.

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.

KFY vs TNET: side by side

KFY (Korn Ferry)TNET (TriNet Group, Inc.)
1-year return+16.2%+0.0%
5-year return+30.5%-20.5%
Volatility (ann.)26.3%40.1%
Beta vs S&P 5000.890.77
Max drawdown (3Y)-24.1%-74.0%
Market cap$4.3B$3.2B
P/E (trailing)16.118.6
Dividend yield2.37%1.61%
Sector / categoryUS ListedUS Listed
Lower P/E: KFY 16.1 vs 18.6Higher yield: KFY 2.37% vs 1.61%Smaller drawdown: KFY -24.1% vs -74.0%Higher 5y return: KFY +30.5% vs -20.5%
-50%0%+20%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). KFY · TNET

Year-by-year returns

YearKFYTNET
2022-32.4%-28.8%
2023+19.1%+75.4%
2024+16.1%-23.1%
2025+0.6%-33.9%
2026+30.4%+19.8%

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

Are KFY and TNET good diversifiers for each other?

To a limited degree. At 0.54 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 KFY and TNET?

The KFY/TNET correlation stands at 0.54 on a 3-year window (1 year: 0.69, 5 years: 0.53), computed from weekly returns as of 2026-08-27.

Is TNET a good diversifier for KFY?

To a limited degree. At 0.54 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 0.54 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.

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KFY vs TNET: 3-year weekly correlation 0.54KFY vs TNET0.54

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Related comparisons

Hubs: KFY correlations · TNET correlations