KVUE vs RGR: Correlation
Kenvue (KVUE) and Sturm, Ruger & Company, Inc. (RGR) show a negative relationship: their 3-year correlation of weekly returns is -0.23.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KVUE and RGR?
On 3 years of weekly data the KVUE/RGR correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.47) runs below the 3-year figure (-0.23). The 5-year figure is n/a, and annualized covariance runs at -184.3 %².
RGR is close to the least connected end of KVUE's tracked universe, ranking #31 of 34. The trailing year gives RGR the advantage: -3.0% versus +9.3%, a 12.3-point spread.
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.
KVUE vs RGR: side by side
| KVUE (Kenvue) | RGR (Sturm, Ruger & Company, Inc.) | |
|---|---|---|
| 1-year return | -3.0% | +9.3% |
| 5-year return | n/a | -41.2% |
| Volatility (ann.) | 27.3% | 29.8% |
| Beta vs S&P 500 | 0.16 | 0.09 |
| Max drawdown (3Y) | -41.2% | -46.0% |
| Market cap | $36.9B | $0.6B |
| P/E (trailing) | 22.6 | 51.7 |
| Dividend yield | 4.32% | 1.15% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | KVUE | RGR |
|---|---|---|
| 2022 | – | -15.4% |
| 2023 | – | -8.0% |
| 2024 | +3.1% | -20.9% |
| 2025 | -15.9% | -6.1% |
| 2026 | +15.2% | +16.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KVUE and RGR good diversifiers for each other?
Yes. With a correlation of -0.23, KVUE and RGR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between KVUE and RGR?
The KVUE/RGR correlation stands at -0.23 on a 3-year window (1 year: -0.47, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is RGR a good diversifier for KVUE?
Yes. With a correlation of -0.23, KVUE and RGR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.23 mean?
A reading of -0.23 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/kvue-vs-rgr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/kvue-vs-rgr/)
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Related comparisons
Hubs: KVUE correlations · RGR correlations
