KR vs PYPL: Correlation
Kroger (KR) and PayPal (PYPL) show a negative relationship: their 3-year correlation of weekly returns is -0.13.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KR and PYPL?
Across a 3-year window, the weekly returns of KR and PYPL correlate at -0.13, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.20) sits close to the 3-year figure. Stretching to 5 years gives -0.06, with an annualized covariance of -114.0 %².
By 3-year correlation, PYPL places #24 of the 55 assets tracked against KR. Neither side won the trailing year by much: -14.4% against -11.0%. Across three years, the rolling one-year figure varied moderately, from -0.31 to 0.09. Risk is not evenly split, since PYPL carries 1.6 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 PYPL: side by side
| KR (Kroger) | PYPL (PayPal) | |
|---|---|---|
| 1-year return | -14.4% | -11.0% |
| 5-year return | +37.3% | -78.5% |
| Volatility (ann.) | 23.4% | 37.1% |
| Beta vs S&P 500 | -0.16 | 1.15 |
| Max drawdown (3Y) | -26.2% | -57.3% |
| Market cap | – | $52.6B |
| P/E (trailing) | 33.3 | 11.7 |
| Dividend yield | 1.79% | 0.91% |
| Sector / category | Consumer Staples | Financials |
Year-by-year returns
| Year | KR | PYPL |
|---|---|---|
| 2022 | +0.4% | -62.2% |
| 2023 | +5.0% | -13.8% |
| 2024 | +36.9% | +39.0% |
| 2025 | +4.3% | -31.4% |
| 2026 | -7.3% | +6.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KR and PYPL good diversifiers for each other?
Yes. With a correlation of -0.13, KR and PYPL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between KR and PYPL?
Using weekly returns as of 2026-08-27: -0.13 over 3 years, with -0.20 over the last year and -0.06 over 5 years.
Is PYPL a good diversifier for KR?
Yes. With a correlation of -0.13, KR and PYPL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.13 mean?
A reading of -0.13 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/kr-vs-pypl.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kr-vs-pypl/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: KR correlations · PYPL correlations
