KRO vs TROX: Correlation
Measured on weekly returns over the past three years, Kronos Worldwide Inc (KRO) and Tronox Holdings plc (TROX) carry a correlation of 0.69, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KRO and TROX?
Over the past 3 years, KRO and TROX moved with a correlation of 0.69, which is strong. Little has changed lately, as the 1-year reading of 0.67 lands near the 3-year figure. Over 5 years the correlation is 0.66, and the annualized covariance of weekly returns is 2626.2 %².
Few assets follow KRO as closely as TROX, which ranks #1 of 17 tracked partners. On 12-month performance KRO holds a 8.5-point edge, +45.6% against +37.1%.
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.
KRO vs TROX: side by side
| KRO (Kronos Worldwide Inc) | TROX (Tronox Holdings plc) | |
|---|---|---|
| 1-year return | +45.6% | +37.1% |
| 5-year return | -15.4% | -67.8% |
| Volatility (ann.) | 55.0% | 69.1% |
| Beta vs S&P 500 | 1.47 | 1.88 |
| Max drawdown (3Y) | -68.7% | -84.5% |
| Market cap | $1.0B | $0.9B |
| P/E (trailing) | – | – |
| Dividend yield | 2.28% | 3.66% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KRO | TROX |
|---|---|---|
| 2022 | -33.7% | -41.1% |
| 2023 | +14.9% | +7.4% |
| 2024 | +2.5% | -26.4% |
| 2025 | -53.1% | -55.6% |
| 2026 | +101.5% | +34.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KRO and TROX good diversifiers for each other?
To a limited degree. At 0.69 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between KRO and TROX?
As of 2026-08-27, the correlation of weekly returns between KRO and TROX is 0.69 over 3 years, 0.67 over 1 year and 0.66 over 5 years.
Is TROX a good diversifier for KRO?
To a limited degree. At 0.69 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.69 mean?
A reading of 0.69 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/kro-vs-trox.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kro-vs-trox/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KRO correlations · TROX correlations
