KTOS vs MNTS: Correlation
Measured on weekly returns over the past three years, Kratos Defense & Security Solutions, Inc. (KTOS) and Momentus Inc. (MNTS) carry a correlation of 0.38, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KTOS and MNTS?
Over the past 3 years, KTOS and MNTS moved with a correlation of 0.38, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.50 versus 0.38 over 3 years. Over 5 years the correlation is 0.37, and the annualized covariance of weekly returns is 4710.1 %².
Among the 21 assets we track against KTOS, MNTS ranks #13 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months KTOS outperformed by 62.3 percentage points (-21.0% for KTOS against -83.3% for MNTS). Note the risk asymmetry: MNTS runs 3.4 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
KTOS vs MNTS: side by side
| KTOS (Kratos Defense & Security Solutions, Inc.) | MNTS (Momentus Inc.) | |
|---|---|---|
| 1-year return | -21.0% | -83.3% |
| 5-year return | +117.5% | -100.0% |
| Volatility (ann.) | 59.9% | 205.9% |
| Beta vs S&P 500 | 1.62 | 3.44 |
| Max drawdown (3Y) | -66.4% | -99.9% |
| Market cap | $10.1B | $0.1B |
| P/E (trailing) | 315.8 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KTOS | MNTS |
|---|---|---|
| 2022 | -46.8% | -81.3% |
| 2023 | +96.6% | -95.6% |
| 2024 | +30.0% | -67.3% |
| 2025 | +187.8% | -96.6% |
| 2026 | -29.3% | -12.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KTOS and MNTS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between KTOS and MNTS?
The KTOS/MNTS correlation stands at 0.38 on a 3-year window (1 year: 0.50, 5 years: 0.37), computed from weekly returns as of 2026-08-27.
Is MNTS a good diversifier for KTOS?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.38 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/ktos-vs-mnts.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ktos-vs-mnts/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KTOS correlations · MNTS correlations
