KO vs RECT: Correlation
Coca-Cola Company (The) (KO) and Rectitude Holdings Ltd (RECT) show a negative relationship: their 3-year correlation of weekly returns is -0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KO and RECT?
Across a 3-year window, the weekly returns of KO and RECT correlate at -0.25, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.22 over 1 year against -0.25 over 3. Stretching to 5 years gives n/a, with an annualized covariance of -257.4 %².
Among the 43 assets we track against KO, RECT sits near the bottom by co-movement, at rank #41. Correlation aside, the last 12 months split them widely, with KO ahead by 105.2 points (+33.1% versus -72.1%). One caveat on sizing: RECT is 4.2 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.
KO vs RECT: side by side
| KO (Coca-Cola Company (The)) | RECT (Rectitude Holdings Ltd) | |
|---|---|---|
| 1-year return | +33.1% | -72.1% |
| 5-year return | +83.8% | n/a |
| Volatility (ann.) | 15.4% | 65.0% |
| Beta vs S&P 500 | 0.11 | 0.67 |
| Max drawdown (3Y) | -15.5% | -85.4% |
| Market cap | $383.2B | – |
| P/E (trailing) | 27.0 | 6.4 |
| Dividend yield | 2.31% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | KO | RECT |
|---|---|---|
| 2022 | +10.6% | – |
| 2023 | -4.4% | – |
| 2024 | +8.9% | – |
| 2025 | +15.6% | -74.1% |
| 2026 | +29.1% | -27.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KO and RECT good diversifiers for each other?
Yes. With a correlation of -0.25, KO and RECT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between KO and RECT?
As of 2026-08-27, the correlation of weekly returns between KO and RECT is -0.25 over 3 years, -0.22 over 1 year and n/a over 5 years.
Is RECT a good diversifier for KO?
Yes. With a correlation of -0.25, KO and RECT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.25 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/ko-vs-rect.json
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[](https://www.pairbook.io/pair/ko-vs-rect/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: KO correlations · RECT correlations
