KTB vs ZD: Correlation
Measured on weekly returns over the past three years, Kontoor Brands, Inc. (KTB) and Ziff Davis, Inc. (ZD) carry a correlation of 0.51, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KTB and ZD?
On 3 years of weekly data the KTB/ZD correlation comes out at 0.51, moderate. Little has changed lately, as the 1-year reading of 0.45 lands near the 3-year figure. The 5-year figure is 0.46, and annualized covariance runs at 1195.2 %².
Among the 17 assets we track against KTB, ZD ranks #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ZD outperformed by 46.8 percentage points (+0.9% for KTB against +47.7% for ZD).
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.
KTB vs ZD: side by side
| KTB (Kontoor Brands, Inc.) | ZD (Ziff Davis, Inc.) | |
|---|---|---|
| 1-year return | +0.9% | +47.7% |
| 5-year return | +65.6% | -53.5% |
| Volatility (ann.) | 44.3% | 52.4% |
| Beta vs S&P 500 | 1.05 | 1.08 |
| Max drawdown (3Y) | -44.9% | -62.6% |
| Market cap | $4.2B | $1.9B |
| P/E (trailing) | 15.6 | – |
| Dividend yield | 2.73% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KTB | ZD |
|---|---|---|
| 2022 | -18.3% | -28.6% |
| 2023 | +62.6% | -15.1% |
| 2024 | +40.7% | -19.1% |
| 2025 | -26.3% | -35.3% |
| 2026 | +27.1% | +58.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KTB and ZD good diversifiers for each other?
Only partially. A correlation of 0.51 means KTB and ZD 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 KTB and ZD?
The KTB/ZD correlation stands at 0.51 on a 3-year window (1 year: 0.45, 5 years: 0.46), computed from weekly returns as of 2026-08-27.
Is ZD a good diversifier for KTB?
Only partially. A correlation of 0.51 means KTB and ZD 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
$ curl https://www.pairbook.io/api/v1/pairs/ktb-vs-zd.json
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[](https://www.pairbook.io/pair/ktb-vs-zd/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KTB correlations · ZD correlations
