KIM vs TMUS: Correlation
Kimco Realty (KIM) and T-Mobile US (TMUS) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KIM and TMUS?
On 3 years of weekly data the KIM/TMUS correlation comes out at 0.37, moderate. The relationship has been stable: the 1-year correlation (0.31) sits close to the 3-year figure. The 5-year figure is 0.37, and annualized covariance runs at 206.3 %².
Within KIM's tracked universe of 45 assets, TMUS comes in at #34 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months KIM outperformed by 39.4 percentage points (+11.4% for KIM against -28.0% for TMUS). On a rolling one-year basis the correlation drifted between 0.24 and 0.57, a moderate band.
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 TMUS: side by side
| KIM (Kimco Realty) | TMUS (T-Mobile US) | |
|---|---|---|
| 1-year return | +11.4% | -28.0% |
| 5-year return | +35.9% | +34.8% |
| Volatility (ann.) | 22.9% | 24.6% |
| Beta vs S&P 500 | 0.63 | 0.36 |
| Max drawdown (3Y) | -25.9% | -37.1% |
| Market cap | $16.0B | $190.7B |
| P/E (trailing) | 28.0 | 18.8 |
| Dividend yield | 4.29% | 2.27% |
| Sector / category | Real Estate | Communication Services |
Year-by-year returns
| Year | KIM | TMUS |
|---|---|---|
| 2022 | -10.8% | +20.7% |
| 2023 | +6.1% | +15.0% |
| 2024 | +15.0% | +39.7% |
| 2025 | -9.3% | -6.6% |
| 2026 | +20.1% | -11.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KIM and TMUS good diversifiers for each other?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between KIM and TMUS?
Using weekly returns as of 2026-08-27: 0.37 over 3 years, with 0.31 over the last year and 0.37 over 5 years.
Is TMUS a good diversifier for KIM?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.37 mean?
On the −1 to +1 scale, 0.37 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/kim-vs-tmus.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kim-vs-tmus/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: KIM correlations · TMUS correlations
