KTOS vs SURG: Correlation
How closely do Kratos Defense & Security Solutions, Inc. (KTOS) and SurgePays, Inc. (SURG) trade together? Their weekly returns over three years give a correlation of 0.33, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KTOS and SURG?
Across a 3-year window, the weekly returns of KTOS and SURG correlate at 0.33, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.61 versus 0.33 over 3 years. Stretching to 5 years gives 0.25, with an annualized covariance of 1863.5 %².
Out of 21 assets tracked against KTOS, SURG lands near the bottom at #17. Their recent paths diverged sharply: over the last 12 months KTOS outperformed by 72.1 percentage points (-21.0% for KTOS against -93.1% for SURG). Note the risk asymmetry: SURG runs 1.6 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 SURG: side by side
| KTOS (Kratos Defense & Security Solutions, Inc.) | SURG (SurgePays, Inc.) | |
|---|---|---|
| 1-year return | -21.0% | -93.1% |
| 5-year return | +117.5% | -96.6% |
| Volatility (ann.) | 59.9% | 93.9% |
| Beta vs S&P 500 | 1.62 | 1.13 |
| Max drawdown (3Y) | -66.4% | -98.1% |
| Market cap | $10.1B | – |
| P/E (trailing) | 315.8 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KTOS | SURG |
|---|---|---|
| 2022 | -46.8% | +224.8% |
| 2023 | +96.6% | -1.7% |
| 2024 | +30.0% | -72.4% |
| 2025 | +187.8% | -6.2% |
| 2026 | -29.3% | -89.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KTOS and SURG good diversifiers for each other?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between KTOS and SURG?
Using weekly returns as of 2026-08-27: 0.33 over 3 years, with 0.61 over the last year and 0.25 over 5 years.
Is SURG a good diversifier for KTOS?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.33 mean?
On the −1 to +1 scale, 0.33 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ktos-vs-surg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ktos-vs-surg/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KTOS correlations · SURG correlations
