KVUE vs UDR: Correlation
Measured on weekly returns over the past three years, Kenvue (KVUE) and UDR, Inc. (UDR) carry a correlation of 0.43, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KVUE and UDR?
On 3 years of weekly data the KVUE/UDR correlation comes out at 0.43, moderate. The relationship has been stable: the 1-year correlation (0.42) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 249.1 %².
Few assets follow KVUE as closely as UDR, which ranks #2 of 34 tracked partners. Neither side won the trailing year by much: -3.0% against -0.6%. Across three years, the rolling one-year figure varied moderately, from 0.21 to 0.50.
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 UDR: side by side
| KVUE (Kenvue) | UDR (UDR, Inc.) | |
|---|---|---|
| 1-year return | -3.0% | -0.6% |
| 5-year return | n/a | -15.5% |
| Volatility (ann.) | 27.3% | 21.1% |
| Beta vs S&P 500 | 0.16 | 0.54 |
| Max drawdown (3Y) | -41.2% | -24.9% |
| Market cap | $36.9B | $13.6B |
| P/E (trailing) | 22.6 | 23.9 |
| Dividend yield | 4.32% | 4.56% |
| Sector / category | Consumer Staples | Real Estate |
Year-by-year returns
| Year | KVUE | UDR |
|---|---|---|
| 2022 | – | -33.4% |
| 2023 | – | +3.1% |
| 2024 | +3.1% | +18.3% |
| 2025 | -15.9% | -11.8% |
| 2026 | +15.2% | +4.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KVUE and UDR good diversifiers for each other?
Reasonably. At 0.43, KVUE and UDR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between KVUE and UDR?
Using weekly returns as of 2026-08-27: 0.43 over 3 years, with 0.42 over the last year and n/a over 5 years.
Is UDR a good diversifier for KVUE?
Reasonably. At 0.43, KVUE and UDR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 mean?
A reading of 0.43 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-udr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/kvue-vs-udr/)
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Related comparisons
Hubs: KVUE correlations · UDR correlations