KIM vs ZCMD: Correlation
Measured on weekly returns over the past three years, Kimco Realty (KIM) and Zhongchao Inc. - Class A (ZCMD) carry a correlation of -0.18, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KIM and ZCMD?
Across a 3-year window, the weekly returns of KIM and ZCMD correlate at -0.18, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.21 lands near the 3-year figure. Stretching to 5 years gives -0.13, with an annualized covariance of -597.6 %².
Within KIM's tracked universe of 45 assets, ZCMD comes in at #38 by 3-year correlation. Correlation aside, the last 12 months split them widely, with KIM ahead by 111.3 points (+11.4% versus -99.9%). One caveat on sizing: ZCMD is 6.2 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 ZCMD: side by side
| KIM (Kimco Realty) | ZCMD (Zhongchao Inc. - Class A) | |
|---|---|---|
| 1-year return | +11.4% | -99.9% |
| 5-year return | +35.9% | -100.0% |
| Volatility (ann.) | 22.9% | 141.8% |
| Beta vs S&P 500 | 0.63 | 0.59 |
| Max drawdown (3Y) | -25.9% | -100.0% |
| 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 | ZCMD |
|---|---|---|
| 2022 | -10.8% | -35.4% |
| 2023 | +6.1% | -69.5% |
| 2024 | +15.0% | -53.8% |
| 2025 | -9.3% | -72.2% |
| 2026 | +20.1% | -99.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KIM and ZCMD good diversifiers for each other?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between KIM and ZCMD?
Using weekly returns as of 2026-08-27: -0.18 over 3 years, with -0.21 over the last year and -0.13 over 5 years.
Is ZCMD a good diversifier for KIM?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.18 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-zcmd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kim-vs-zcmd/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KIM correlations · ZCMD correlations
