KR vs MU: Correlation
How closely do Kroger (KR) and Micron Technology (MU) trade together? Their weekly returns over three years give a correlation of -0.18, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KR and MU?
Over the past 3 years, KR and MU moved with a correlation of -0.18, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.31 versus -0.18 over 3 years. Over 5 years the correlation is -0.07, and the annualized covariance of weekly returns is -273.2 %².
Among the 55 assets we track against KR, MU ranks #31 by 3-year correlation. Correlation aside, the last 12 months split them widely, with MU ahead by 710.1 points (-14.4% versus +695.7%). Across three years, the rolling one-year figure varied moderately, from -0.30 to 0.14. Risk is not evenly split, since MU carries 2.7 times the volatility of the other side.
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 MU: side by side
| KR (Kroger) | MU (Micron Technology) | |
|---|---|---|
| 1-year return | -14.4% | +695.7% |
| 5-year return | +37.3% | +1211.2% |
| Volatility (ann.) | 23.4% | 63.3% |
| Beta vs S&P 500 | -0.16 | 2.47 |
| Max drawdown (3Y) | -26.2% | -57.6% |
| Market cap | – | – |
| P/E (trailing) | 33.3 | 21.2 |
| Dividend yield | 1.79% | 0.06% |
| Sector / category | Consumer Staples | Information Technology |
Year-by-year returns
| Year | KR | MU |
|---|---|---|
| 2022 | +0.4% | -45.9% |
| 2023 | +5.0% | +71.9% |
| 2024 | +36.9% | -1.0% |
| 2025 | +4.3% | +240.2% |
| 2026 | -7.3% | +227.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KR and MU good diversifiers for each other?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
FAQ
What is the correlation between KR and MU?
Using weekly returns as of 2026-08-27: -0.18 over 3 years, with -0.31 over the last year and -0.07 over 5 years.
Is MU a good diversifier for KR?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
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/kr-vs-mu.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/kr-vs-mu/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KR correlations · MU correlations
