AORT vs PODD: Correlation
Artivion, Inc. (AORT) and Insulet Corporation (PODD) show a moderate relationship: their 3-year correlation of weekly returns is 0.48.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AORT and PODD?
Across a 3-year window, the weekly returns of AORT and PODD correlate at 0.48, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.36 versus 0.48 over 3 years. Stretching to 5 years gives 0.46, with an annualized covariance of 884.7 %².
In AORT's tracked universe of 15 assets, PODD sits right near the top at #3. Correlation aside, the last 12 months split them widely, with AORT ahead by 18.1 points (-39.0% versus -57.1%).
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 PODD: side by side
| AORT (Artivion, Inc.) | PODD (Insulet Corporation) | |
|---|---|---|
| 1-year return | -39.0% | -57.1% |
| 5-year return | +3.6% | -51.6% |
| Volatility (ann.) | 47.1% | 38.9% |
| Beta vs S&P 500 | 0.88 | 0.67 |
| Max drawdown (3Y) | -57.8% | -62.2% |
| Market cap | $1.3B | $9.9B |
| P/E (trailing) | – | 26.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | AORT | PODD |
|---|---|---|
| 2022 | -40.4% | +10.6% |
| 2023 | +47.5% | -26.3% |
| 2024 | +59.9% | +20.3% |
| 2025 | +59.5% | +8.9% |
| 2026 | -41.5% | -49.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AORT and PODD good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AORT and PODD?
The AORT/PODD correlation stands at 0.48 on a 3-year window (1 year: 0.36, 5 years: 0.46), computed from weekly returns as of 2026-08-27.
Is PODD a good diversifier for AORT?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.48 mean?
A reading of 0.48 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-podd.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aort-vs-podd/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AORT correlations · PODD correlations
