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KHC vs TSN: Correlation

Measured on weekly returns over the past three years, Kraft Heinz (KHC) and Tyson Foods (TSN) carry a correlation of 0.41, a moderate link.

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

Correlation (3Y)
0.41
moderate
Correlation (1Y)
0.41
last 12 months
Correlation (5Y)
0.32
long-run
Ann. covariance
203.2
%² · weekly, annualized

How correlated are KHC and TSN?

On 3 years of weekly data the KHC/TSN correlation comes out at 0.41, moderate. Recent behaviour matches the longer record: 0.41 over 1 year against 0.41 over 3. The 5-year figure is 0.32, and annualized covariance runs at 203.2 %².

By 3-year correlation, TSN places #19 of the 36 assets tracked against KHC. Neither side won the trailing year by much: -3.9% against -0.3%. Across three years, the rolling one-year figure varied moderately, from 0.21 to 0.50.

+1.0+0.50-0.5-1.020232026-08-27
Rolling one-year correlation of weekly returns over the past three years.
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 TSN: side by side

KHC (Kraft Heinz)TSN (Tyson Foods)
1-year return-3.9%-0.3%
5-year return-10.9%-17.3%
Volatility (ann.)21.7%22.8%
Beta vs S&P 5000.120.19
Max drawdown (3Y)-38.7%-20.3%
Market cap$29.8B$19.5B
P/E (trailing)35.0
Dividend yield6.45%0.88%
Sector / categoryConsumer StaplesConsumer Staples
Higher yield: KHC 6.45% vs 0.88%Smaller drawdown: TSN -20.3% vs -38.7%Higher 5y return: KHC -10.9% vs -17.3%
-18%0%+24%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. KHC · TSN

Year-by-year returns

YearKHCTSN
2022+18.2%-26.9%
2023-5.0%-10.4%
2024-13.0%+10.5%
2025-16.3%+5.7%
2026+7.3%-4.0%

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

Are KHC and TSN good diversifiers for each other?

A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between KHC and TSN?

The KHC/TSN correlation stands at 0.41 on a 3-year window (1 year: 0.41, 5 years: 0.32), computed from weekly returns as of 2026-08-27.

Is TSN a good diversifier for KHC?

A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.41 mean?

A reading of 0.41 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/khc-vs-tsn.json

KHC vs TSN: 3-year weekly correlation 0.41KHC vs TSN0.41

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Related comparisons

Hubs: KHC correlations · TSN correlations