KHC vs SVCO: Correlation
How closely do Kraft Heinz (KHC) and Silvaco Group, Inc. (SVCO) trade together? Their weekly returns over three years give a correlation of -0.25, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KHC and SVCO?
Over the past 3 years, KHC and SVCO moved with a correlation of -0.25, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.41) than the 3-year average (-0.25). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -444.9 %².
Out of 36 assets tracked against KHC, SVCO lands near the bottom at #35. Their recent paths diverged sharply: over the last 12 months SVCO outperformed by 51.1 percentage points (-3.9% for KHC against +47.2% for SVCO). Risk is not evenly split, since SVCO carries 3.7 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.
KHC vs SVCO: side by side
| KHC (Kraft Heinz) | SVCO (Silvaco Group, Inc.) | |
|---|---|---|
| 1-year return | -3.9% | +47.2% |
| 5-year return | -10.9% | n/a |
| Volatility (ann.) | 21.7% | 80.2% |
| Beta vs S&P 500 | 0.12 | 1.47 |
| Max drawdown (3Y) | -38.7% | -83.8% |
| Market cap | $29.8B | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 6.45% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | KHC | SVCO |
|---|---|---|
| 2022 | +18.2% | – |
| 2023 | -5.0% | – |
| 2024 | -13.0% | – |
| 2025 | -16.3% | -49.9% |
| 2026 | +7.3% | +78.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KHC and SVCO good diversifiers for each other?
Yes. With a correlation of -0.25, KHC and SVCO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between KHC and SVCO?
Using weekly returns as of 2026-08-27: -0.25 over 3 years, with -0.41 over the last year and n/a over 5 years.
Is SVCO a good diversifier for KHC?
Yes. With a correlation of -0.25, KHC and SVCO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.25 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/khc-vs-svco.json
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Related comparisons
Hubs: KHC correlations · SVCO correlations
