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KN vs SSTK: Correlation

Measured on weekly returns over the past three years, Knowles Corporation (KN) and Shutterstock, Inc. (SSTK) carry a correlation of 0.43, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.43
moderate
Correlation (1Y)
0.24
last 12 months
Correlation (5Y)
0.37
long-run
Ann. covariance
786.7
%² · weekly, annualized

How correlated are KN and SSTK?

On 3 years of weekly data the KN/SSTK correlation comes out at 0.43, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.24 versus 0.43 over 3 years. The 5-year figure is 0.37, and annualized covariance runs at 786.7 %².

SSTK is close to the least connected end of KN's tracked universe, ranking #27 of 30. The last year tells two different stories: KN led by 133.0 percentage points, +61.9% for KN against -71.1% for SSTK.

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.

KN vs SSTK: side by side

KN (Knowles Corporation)SSTK (Shutterstock, Inc.)
1-year return+61.9%-71.1%
5-year return+73.8%-94.3%
Volatility (ann.)36.5%50.0%
Beta vs S&P 5001.651.21
Max drawdown (3Y)-38.0%-88.2%
Market cap$3.0B$0.2B
P/E (trailing)41.1
Dividend yield0.00%24.91%
Sector / categoryUS ListedUS Listed
Higher yield: SSTK 24.91% vs 0.00%Smaller drawdown: KN -38.0% vs -88.2%Higher 5y return: KN +73.8% vs -94.3%
-72%0%+92%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). KN · SSTK

Year-by-year returns

YearKNSSTK
2022-29.7%-51.7%
2023+9.1%-6.4%
2024+11.3%-35.1%
2025+7.5%-32.7%
2026+63.1%-69.9%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are KN and SSTK good diversifiers for each other?

Reasonably. At 0.43, KN and SSTK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between KN and SSTK?

As of 2026-08-27, the correlation of weekly returns between KN and SSTK is 0.43 over 3 years, 0.24 over 1 year and 0.37 over 5 years.

Is SSTK a good diversifier for KN?

Reasonably. At 0.43, KN and SSTK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.43 mean?

On the −1 to +1 scale, 0.43 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/kn-vs-sstk.json

KN vs SSTK: 3-year weekly correlation 0.43KN vs SSTK0.43

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Related comparisons

Hubs: KN correlations · SSTK correlations