KIM vs SJM: Correlation
Kimco Realty (KIM) and J.M. Smucker Company (The) (SJM) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KIM and SJM?
On 3 years of weekly data the KIM/SJM correlation comes out at 0.40, moderate. Little has changed lately, as the 1-year reading of 0.45 lands near the 3-year figure. The 5-year figure is 0.32, and annualized covariance runs at 240.9 %².
Among the 45 assets we track against KIM, SJM ranks #31 by 3-year correlation. Correlation aside, the last 12 months split them widely, with SJM ahead by 18.5 points (+11.4% versus +29.9%). Across three years, the rolling one-year figure varied moderately, from 0.20 to 0.60.
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.
KIM vs SJM: side by side
| KIM (Kimco Realty) | SJM (J.M. Smucker Company (The)) | |
|---|---|---|
| 1-year return | +11.4% | +29.9% |
| 5-year return | +35.9% | +28.2% |
| Volatility (ann.) | 22.9% | 26.0% |
| Beta vs S&P 500 | 0.63 | 0.21 |
| Max drawdown (3Y) | -25.9% | -32.5% |
| Market cap | $16.0B | $14.1B |
| P/E (trailing) | 28.0 | 61.3 |
| Dividend yield | 4.29% | 3.38% |
| Sector / category | Real Estate | Consumer Staples |
Year-by-year returns
| Year | KIM | SJM |
|---|---|---|
| 2022 | -10.8% | +20.1% |
| 2023 | +6.1% | -17.8% |
| 2024 | +15.0% | -9.6% |
| 2025 | -9.3% | -7.6% |
| 2026 | +20.1% | +38.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KIM and SJM good diversifiers for each other?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between KIM and SJM?
The KIM/SJM correlation stands at 0.40 on a 3-year window (1 year: 0.45, 5 years: 0.32), computed from weekly returns as of 2026-08-27.
Is SJM a good diversifier for KIM?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.40 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/kim-vs-sjm.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/kim-vs-sjm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KIM correlations · SJM correlations
