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KRO vs VHI: Correlation

Kronos Worldwide Inc (KRO) and Valhi, Inc. (VHI) show a moderate relationship: their 3-year correlation of weekly returns is 0.51.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.51
moderate
Correlation (1Y)
0.64
last 12 months
Correlation (5Y)
0.53
long-run
Ann. covariance
1676.0
%² · weekly, annualized

How correlated are KRO and VHI?

Over the past 3 years, KRO and VHI moved with a correlation of 0.51, which is moderate. The link has tightened recently: the 1-year correlation (0.64) runs above the 3-year figure (0.51). Over 5 years the correlation is 0.53, and the annualized covariance of weekly returns is 1676.0 %².

Within KRO's tracked universe of 17 assets, VHI comes in at #8 by 3-year correlation. Correlation aside, the last 12 months split them widely, with KRO ahead by 38.5 points (+45.6% versus +7.1%).

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 VHI: side by side

KRO (Kronos Worldwide Inc)VHI (Valhi, Inc.)
1-year return+45.6%+7.1%
5-year return-15.4%-14.8%
Volatility (ann.)55.0%59.4%
Beta vs S&P 5001.471.08
Max drawdown (3Y)-68.7%-71.3%
Market cap$1.0B$0.5B
P/E (trailing)
Dividend yield2.28%1.74%
Sector / categoryUS ListedUS Listed
Higher yield: KRO 2.28% vs 1.74%Smaller drawdown: KRO -68.7% vs -71.3%Higher 5y return: VHI -14.8% vs -15.4%
-29%0%+45%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. KRO · VHI

Year-by-year returns

YearKROVHI
2022-33.7%-22.7%
2023+14.9%-29.4%
2024+2.5%+56.5%
2025-53.1%-47.4%
2026+101.5%+49.2%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are KRO and VHI good diversifiers for each other?

Only partially. A correlation of 0.51 means KRO and VHI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

FAQ

What is the correlation between KRO and VHI?

The KRO/VHI correlation stands at 0.51 on a 3-year window (1 year: 0.64, 5 years: 0.53), computed from weekly returns as of 2026-08-27.

Is VHI a good diversifier for KRO?

Only partially. A correlation of 0.51 means KRO and VHI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

What does a correlation of 0.51 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

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KRO vs VHI: 3-year weekly correlation 0.51KRO vs VHI0.51

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Related comparisons

Hubs: KRO correlations · VHI correlations