KR vs STX: Correlation
Measured on weekly returns over the past three years, Kroger (KR) and Seagate Technology (STX) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KR and STX?
Across a 3-year window, the weekly returns of KR and STX correlate at -0.22, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.26) sits close to the 3-year figure. Stretching to 5 years gives -0.05, with an annualized covariance of -258.4 %².
Among the 55 assets we track against KR, STX ranks #43 by 3-year correlation. The last year tells two different stories: STX led by 425.2 percentage points, -14.4% for KR against +410.8% for STX. The rolling one-year correlation moved between -0.31 and 0.09 over the past three years, a moderate range. Risk is not evenly split, since STX carries 2.2 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 STX: side by side
| KR (Kroger) | STX (Seagate Technology) | |
|---|---|---|
| 1-year return | -14.4% | +410.8% |
| 5-year return | +37.3% | +1032.5% |
| Volatility (ann.) | 23.4% | 51.3% |
| Beta vs S&P 500 | -0.16 | 1.97 |
| Max drawdown (3Y) | -26.2% | -40.0% |
| Market cap | – | $192.0B |
| P/E (trailing) | 33.3 | 61.0 |
| Dividend yield | 1.79% | 0.35% |
| Sector / category | Consumer Staples | Information Technology |
Year-by-year returns
| Year | KR | STX |
|---|---|---|
| 2022 | +0.4% | -51.4% |
| 2023 | +5.0% | +69.1% |
| 2024 | +36.9% | +4.1% |
| 2025 | +4.3% | +225.3% |
| 2026 | -7.3% | +208.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KR and STX good diversifiers for each other?
Yes. With a correlation of -0.22, KR and STX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between KR and STX?
The KR/STX correlation stands at -0.22 on a 3-year window (1 year: -0.26, 5 years: -0.05), computed from weekly returns as of 2026-08-27.
Is STX a good diversifier for KR?
Yes. With a correlation of -0.22, KR and STX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 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-stx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kr-vs-stx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KR correlations · STX correlations
