RRX vs TKR: Correlation
How closely do Regal Rexnord Corporation (RRX) and Timken Company (The) (TKR) trade together? Their weekly returns over three years give a correlation of 0.65, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RRX and TKR?
Across a 3-year window, the weekly returns of RRX and TKR correlate at 0.65, strong. Lately the two have moved closer together, with the 1-year correlation at 0.81 versus 0.65 over 3 years. Stretching to 5 years gives 0.64, with an annualized covariance of 750.0 %².
Few assets follow RRX as closely as TKR, which ranks #1 of 24 tracked partners. The last year tells two different stories: TKR led by 51.6 percentage points, +8.2% for RRX against +59.8% for TKR. Risk is not evenly split, since RRX carries 1.5 times the volatility of the other side.
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.
RRX vs TKR: side by side
| RRX (Regal Rexnord Corporation) | TKR (Timken Company (The)) | |
|---|---|---|
| 1-year return | +8.2% | +59.8% |
| 5-year return | +18.1% | +80.3% |
| Volatility (ann.) | 42.0% | 27.4% |
| Beta vs S&P 500 | 1.10 | 0.98 |
| Max drawdown (3Y) | -48.1% | -37.6% |
| Market cap | $10.9B | $8.6B |
| P/E (trailing) | 34.0 | 33.7 |
| Dividend yield | 0.85% | 1.12% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RRX | TKR |
|---|---|---|
| 2022 | -28.7% | +3.9% |
| 2023 | +24.6% | +15.4% |
| 2024 | +5.7% | -9.5% |
| 2025 | -8.6% | +20.0% |
| 2026 | +17.2% | +49.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RRX and TKR good diversifiers for each other?
To a limited degree. At 0.65 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between RRX and TKR?
As of 2026-08-27, the correlation of weekly returns between RRX and TKR is 0.65 over 3 years, 0.81 over 1 year and 0.64 over 5 years.
Is TKR a good diversifier for RRX?
To a limited degree. At 0.65 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.65 mean?
A reading of 0.65 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/rrx-vs-tkr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rrx-vs-tkr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RRX correlations · TKR correlations
