KIM vs YHGJ: Correlation
How closely do Kimco Realty (KIM) and Yunhong Green CTI Ltd. (YHGJ) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KIM and YHGJ?
Across a 3-year window, the weekly returns of KIM and YHGJ correlate at -0.20, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.16 over 1 year against -0.20 over 3. Stretching to 5 years gives -0.06, with an annualized covariance of -406.2 %².
YHGJ is close to the least connected end of KIM's tracked universe, ranking #42 of 45. Correlation aside, the last 12 months split them widely, with KIM ahead by 56.3 points (+11.4% versus -44.9%). One caveat on sizing: YHGJ is 4.0 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 YHGJ: side by side
| KIM (Kimco Realty) | YHGJ (Yunhong Green CTI Ltd.) | |
|---|---|---|
| 1-year return | +11.4% | -44.9% |
| 5-year return | +35.9% | -85.6% |
| Volatility (ann.) | 22.9% | 90.5% |
| Beta vs S&P 500 | 0.63 | -0.69 |
| Max drawdown (3Y) | -25.9% | -91.7% |
| Market cap | $16.0B | – |
| P/E (trailing) | 28.0 | – |
| Dividend yield | 4.29% | 0.00% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | KIM | YHGJ |
|---|---|---|
| 2022 | -10.8% | -12.6% |
| 2023 | +6.1% | +105.8% |
| 2024 | +15.0% | -74.3% |
| 2025 | -9.3% | -34.0% |
| 2026 | +20.1% | -19.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KIM and YHGJ good diversifiers for each other?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between KIM and YHGJ?
Using weekly returns as of 2026-08-27: -0.20 over 3 years, with -0.16 over the last year and -0.06 over 5 years.
Is YHGJ a good diversifier for KIM?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.20 mean?
On the −1 to +1 scale, -0.20 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-yhgj.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kim-vs-yhgj/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KIM correlations · YHGJ correlations
