KSS vs SWK: Correlation
Measured on weekly returns over the past three years, Kohl's Corporation (KSS) and Stanley Black & Decker (SWK) carry a correlation of 0.55, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KSS and SWK?
Over the past 3 years, KSS and SWK moved with a correlation of 0.55, which is moderate. Recent behaviour matches the longer record: 0.55 over 1 year against 0.55 over 3. Over 5 years the correlation is 0.51, and the annualized covariance of weekly returns is 1380.0 %².
SWK is one of the assets that tracks KSS most closely: it ranks #3 out of the 14 assets we track against KSS. The last year tells two different stories: SWK led by 21.3 percentage points, +15.7% for KSS against +37.0% for SWK. Risk is not evenly split, since KSS carries 2.0 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.
KSS vs SWK: side by side
| KSS (Kohl's Corporation) | SWK (Stanley Black & Decker) | |
|---|---|---|
| 1-year return | +15.7% | +37.0% |
| 5-year return | -57.2% | -39.1% |
| Volatility (ann.) | 71.1% | 35.4% |
| Beta vs S&P 500 | 1.76 | 1.19 |
| Max drawdown (3Y) | -77.0% | -48.3% |
| Market cap | – | $15.0B |
| P/E (trailing) | 7.7 | 24.4 |
| Dividend yield | 2.79% | 3.33% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | KSS | SWK |
|---|---|---|
| 2022 | -46.0% | -58.9% |
| 2023 | +23.8% | +35.6% |
| 2024 | -45.8% | -15.2% |
| 2025 | +51.5% | -3.2% |
| 2026 | -9.5% | +36.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KSS and SWK good diversifiers for each other?
Only partially. A correlation of 0.55 means KSS and SWK 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 KSS and SWK?
As of 2026-08-27, the correlation of weekly returns between KSS and SWK is 0.55 over 3 years, 0.55 over 1 year and 0.51 over 5 years.
Is SWK a good diversifier for KSS?
Only partially. A correlation of 0.55 means KSS and SWK share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.55 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/kss-vs-swk.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/kss-vs-swk/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KSS correlations · SWK correlations
