KTOS vs MPTI: Correlation
Kratos Defense & Security Solutions, Inc. (KTOS) and M-tron Industries, Inc. (MPTI) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KTOS and MPTI?
Across a 3-year window, the weekly returns of KTOS and MPTI correlate at 0.37, moderate. The link has tightened recently: the 1-year correlation (0.50) runs above the 3-year figure (0.37). Stretching to 5 years gives 0.32, with an annualized covariance of 1511.9 %².
By 3-year correlation, MPTI places #14 of the 21 assets tracked against KTOS. Correlation aside, the last 12 months split them widely, with MPTI ahead by 94.9 points (-21.0% versus +73.9%).
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 MPTI: side by side
| KTOS (Kratos Defense & Security Solutions, Inc.) | MPTI (M-tron Industries, Inc.) | |
|---|---|---|
| 1-year return | -21.0% | +73.9% |
| 5-year return | +117.5% | n/a |
| Volatility (ann.) | 59.9% | 68.5% |
| Beta vs S&P 500 | 1.62 | 1.51 |
| Max drawdown (3Y) | -66.4% | -50.0% |
| Market cap | $10.1B | $0.3B |
| P/E (trailing) | 315.8 | 31.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KTOS | MPTI |
|---|---|---|
| 2022 | -46.8% | – |
| 2023 | +96.6% | +308.0% |
| 2024 | +30.0% | +35.7% |
| 2025 | +187.8% | +9.9% |
| 2026 | -29.3% | +47.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KTOS and MPTI good diversifiers for each other?
Reasonably. At 0.37, KTOS and MPTI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between KTOS and MPTI?
The KTOS/MPTI correlation stands at 0.37 on a 3-year window (1 year: 0.50, 5 years: 0.32), computed from weekly returns as of 2026-08-27.
Is MPTI a good diversifier for KTOS?
Reasonably. At 0.37, KTOS and MPTI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 mean?
A reading of 0.37 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/ktos-vs-mpti.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ktos-vs-mpti/)
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Related comparisons
Hubs: KTOS correlations · MPTI correlations
