AORT vs ARHS: Correlation
Measured on weekly returns over the past three years, Artivion, Inc. (AORT) and Arhaus, Inc. (ARHS) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AORT and ARHS?
Over the past 3 years, AORT and ARHS moved with a correlation of 0.47, which is moderate. Little has changed lately, as the 1-year reading of 0.46 lands near the 3-year figure. Over 5 years the correlation is 0.41, and the annualized covariance of weekly returns is 1283.8 %².
By 3-year correlation, ARHS places #4 of the 15 assets tracked against AORT. Correlation aside, the last 12 months split them widely, with ARHS ahead by 16.1 points (-39.0% versus -22.9%).
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.
AORT vs ARHS: side by side
| AORT (Artivion, Inc.) | ARHS (Arhaus, Inc.) | |
|---|---|---|
| 1-year return | -39.0% | -22.9% |
| 5-year return | +3.6% | -25.3% |
| Volatility (ann.) | 47.1% | 57.7% |
| Beta vs S&P 500 | 0.88 | 1.73 |
| Max drawdown (3Y) | -57.8% | -69.3% |
| Market cap | $1.3B | $1.2B |
| P/E (trailing) | – | 18.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AORT | ARHS |
|---|---|---|
| 2022 | -40.4% | -26.4% |
| 2023 | +47.5% | +21.5% |
| 2024 | +59.9% | -17.9% |
| 2025 | +59.5% | +19.3% |
| 2026 | -41.5% | -17.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AORT and ARHS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AORT and ARHS?
The AORT/ARHS correlation stands at 0.47 on a 3-year window (1 year: 0.46, 5 years: 0.41), computed from weekly returns as of 2026-08-27.
Is ARHS a good diversifier for AORT?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.47 mean?
A reading of 0.47 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/aort-vs-arhs.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aort-vs-arhs/)
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Related comparisons
Hubs: AORT correlations · ARHS correlations
