KIM vs TRT: Correlation
Kimco Realty (KIM) and Trio-Tech International (TRT) show a negative relationship: their 3-year correlation of weekly returns is -0.19.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KIM and TRT?
On 3 years of weekly data the KIM/TRT correlation comes out at -0.19, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.29) sits close to the 3-year figure. The 5-year figure is -0.06, and annualized covariance runs at -472.7 %².
By 3-year correlation, TRT places #40 of the 45 assets tracked against KIM. The last year tells two different stories: TRT led by 284.1 percentage points, +11.4% for KIM against +295.5% for TRT. Note the risk asymmetry: TRT runs 4.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 TRT: side by side
| KIM (Kimco Realty) | TRT (Trio-Tech International) | |
|---|---|---|
| 1-year return | +11.4% | +295.5% |
| 5-year return | +35.9% | +365.8% |
| Volatility (ann.) | 22.9% | 107.4% |
| Beta vs S&P 500 | 0.63 | 0.18 |
| Max drawdown (3Y) | -25.9% | -54.6% |
| Market cap | $16.0B | – |
| P/E (trailing) | 28.0 | 209.6 |
| Dividend yield | 4.29% | 0.00% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | KIM | TRT |
|---|---|---|
| 2022 | -10.8% | -66.5% |
| 2023 | +6.1% | +12.7% |
| 2024 | +15.0% | +14.6% |
| 2025 | -9.3% | +127.9% |
| 2026 | +20.1% | +58.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KIM and TRT good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between KIM and TRT?
The KIM/TRT correlation stands at -0.19 on a 3-year window (1 year: -0.29, 5 years: -0.06), computed from weekly returns as of 2026-08-27.
Is TRT a good diversifier for KIM?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 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-trt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/kim-vs-trt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KIM correlations · TRT correlations
