KMB vs NTST: Correlation
Kimberly-Clark (KMB) and NetSTREIT Corp. (NTST) show a moderate relationship: their 3-year correlation of weekly returns is 0.38.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KMB and NTST?
On 3 years of weekly data the KMB/NTST correlation comes out at 0.38, moderate. Recent behaviour matches the longer record: 0.41 over 1 year against 0.38 over 3. The 5-year figure is 0.37, and annualized covariance runs at 173.3 %².
By 3-year correlation, NTST places #14 of the 27 assets tracked against KMB. Their recent paths diverged sharply: over the last 12 months NTST outperformed by 28.4 percentage points (-11.4% for KMB against +17.0% for NTST).
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.
KMB vs NTST: side by side
| KMB (Kimberly-Clark) | NTST (NetSTREIT Corp.) | |
|---|---|---|
| 1-year return | -11.4% | +17.0% |
| 5-year return | -2.6% | -2.0% |
| Volatility (ann.) | 19.3% | 23.4% |
| Beta vs S&P 500 | 0.15 | 0.44 |
| Max drawdown (3Y) | -34.1% | -23.0% |
| Market cap | $36.6B | $2.1B |
| P/E (trailing) | 21.7 | 146.6 |
| Dividend yield | 4.60% | 4.19% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | KMB | NTST |
|---|---|---|
| 2022 | -1.6% | -16.8% |
| 2023 | -7.1% | +2.1% |
| 2024 | +11.8% | -16.7% |
| 2025 | -19.9% | +31.2% |
| 2026 | +11.9% | +18.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KMB and NTST good diversifiers for each other?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between KMB and NTST?
As of 2026-08-27, the correlation of weekly returns between KMB and NTST is 0.38 over 3 years, 0.41 over 1 year and 0.37 over 5 years.
Is NTST a good diversifier for KMB?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.38 mean?
A reading of 0.38 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/kmb-vs-ntst.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/kmb-vs-ntst/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: KMB correlations · NTST correlations
