KSS vs TNL: Correlation
Kohl's Corporation (KSS) and Travel Leisure Co. (TNL) show a moderate relationship: their 3-year correlation of weekly returns is 0.53.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KSS and TNL?
Over the past 3 years, KSS and TNL moved with a correlation of 0.53, which is moderate. The relationship has been stable: the 1-year correlation (0.46) sits close to the 3-year figure. Over 5 years the correlation is 0.52, and the annualized covariance of weekly returns is 1134.8 %².
Within KSS's tracked universe of 14 assets, TNL comes in at #5 by 3-year correlation. Neither side won the trailing year by much: +15.7% against +19.2%. Risk is not evenly split, since KSS carries 2.4 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 TNL: side by side
| KSS (Kohl's Corporation) | TNL (Travel Leisure Co.) | |
|---|---|---|
| 1-year return | +15.7% | +19.2% |
| 5-year return | -57.2% | +59.9% |
| Volatility (ann.) | 71.1% | 30.1% |
| Beta vs S&P 500 | 1.76 | 1.19 |
| Max drawdown (3Y) | -77.0% | -32.2% |
| Market cap | – | $4.4B |
| P/E (trailing) | 7.7 | 19.9 |
| Dividend yield | 2.79% | 3.15% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KSS | TNL |
|---|---|---|
| 2022 | -46.0% | -31.7% |
| 2023 | +23.8% | +12.5% |
| 2024 | -45.8% | +34.8% |
| 2025 | +51.5% | +45.5% |
| 2026 | -9.5% | +3.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KSS and TNL good diversifiers for each other?
To a limited degree. At 0.53 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 KSS and TNL?
As of 2026-08-27, the correlation of weekly returns between KSS and TNL is 0.53 over 3 years, 0.46 over 1 year and 0.52 over 5 years.
Is TNL a good diversifier for KSS?
To a limited degree. At 0.53 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 0.53 mean?
A reading of 0.53 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/kss-vs-tnl.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/kss-vs-tnl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KSS correlations · TNL correlations
