KR vs ROK: Correlation
How closely do Kroger (KR) and Rockwell Automation (ROK) 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 ROK?
Across a 3-year window, the weekly returns of KR and ROK correlate at -0.18, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.36) runs below the 3-year figure (-0.18). Stretching to 5 years gives 0.05, with an annualized covariance of -117.0 %².
Among the 55 assets we track against KR, ROK ranks #32 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ROK ahead by 40.1 points (-14.4% versus +25.7%). This link changes with the market regime, having swung between -0.44 and 0.31 on a rolling one-year basis.
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 ROK: side by side
| KR (Kroger) | ROK (Rockwell Automation) | |
|---|---|---|
| 1-year return | -14.4% | +25.7% |
| 5-year return | +37.3% | +44.9% |
| Volatility (ann.) | 23.4% | 27.9% |
| Beta vs S&P 500 | -0.16 | 0.97 |
| Max drawdown (3Y) | -26.2% | -29.0% |
| Market cap | – | $48.2B |
| P/E (trailing) | 33.3 | 40.6 |
| Dividend yield | 1.79% | 1.26% |
| Sector / category | Consumer Staples | Industrials |
Year-by-year returns
| Year | KR | ROK |
|---|---|---|
| 2022 | +0.4% | -24.8% |
| 2023 | +5.0% | +22.6% |
| 2024 | +36.9% | -6.2% |
| 2025 | +4.3% | +38.4% |
| 2026 | -7.3% | +12.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KR and ROK good diversifiers for each other?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between KR and ROK?
The KR/ROK correlation stands at -0.18 on a 3-year window (1 year: -0.36, 5 years: 0.05), computed from weekly returns as of 2026-08-27.
Is ROK a good diversifier for KR?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.18 mean?
A reading of -0.18 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-rok.json
Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: KR correlations · ROK correlations
