KR vs KVUE: Correlation
Kroger (KR) and Kenvue (KVUE) show a weak 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 KR and KVUE?
On 3 years of weekly data the KR/KVUE correlation comes out at 0.25, weak. The relationship has been stable: the 1-year correlation (0.23) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 161.5 %².
Within KR's tracked universe of 55 assets, KVUE comes in at #21 by 3-year correlation. Over the last 12 months KVUE came out ahead by 11.4 percentage points (-14.4% against -3.0%). The rolling one-year correlation stayed in a tight band between 0.17 and 0.40 over the past three years, which points to a structural rather than episodic relationship.
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.
KR vs KVUE: side by side
| KR (Kroger) | KVUE (Kenvue) | |
|---|---|---|
| 1-year return | -14.4% | -3.0% |
| 5-year return | +37.3% | n/a |
| Volatility (ann.) | 23.4% | 27.3% |
| Beta vs S&P 500 | -0.16 | 0.16 |
| Max drawdown (3Y) | -26.2% | -41.2% |
| Market cap | – | $36.9B |
| P/E (trailing) | 33.3 | 22.6 |
| Dividend yield | 1.79% | 4.32% |
| Sector / category | Consumer Staples | Consumer Staples |
Year-by-year returns
| Year | KR | KVUE |
|---|---|---|
| 2022 | +0.4% | – |
| 2023 | +5.0% | – |
| 2024 | +36.9% | +3.1% |
| 2025 | +4.3% | -15.9% |
| 2026 | -7.3% | +15.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KR and KVUE good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.25 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between KR and KVUE?
The KR/KVUE correlation stands at 0.25 on a 3-year window (1 year: 0.23, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is KVUE a good diversifier for KR?
Yes, to a useful degree: a correlation of 0.25 leaves real independence between the two, which historically damped combined volatility.
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/kr-vs-kvue.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kr-vs-kvue/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KR correlations · KVUE correlations
