CAH vs USFD: Correlation
Measured on weekly returns over the past three years, Cardinal Health (CAH) and US Foods Holding Corp. (USFD) carry a correlation of 0.38, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CAH and USFD?
On 3 years of weekly data the CAH/USFD correlation comes out at 0.38, moderate. The relationship has been stable: the 1-year correlation (0.35) sits close to the 3-year figure. The 5-year figure is 0.34, and annualized covariance runs at 249.3 %².
Among the 32 assets we track against CAH, USFD ranks #10 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months CAH outperformed by 20.4 percentage points (+59.2% for CAH against +38.8% for USFD).
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.
CAH vs USFD: side by side
| CAH (Cardinal Health) | USFD (US Foods Holding Corp.) | |
|---|---|---|
| 1-year return | +59.2% | +38.8% |
| 5-year return | +409.0% | +223.0% |
| Volatility (ann.) | 24.2% | 27.4% |
| Beta vs S&P 500 | 0.31 | 0.64 |
| Max drawdown (3Y) | -20.4% | -21.1% |
| Market cap | $54.7B | $23.3B |
| P/E (trailing) | 33.0 | 33.4 |
| Dividend yield | 0.86% | 0.00% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | CAH | USFD |
|---|---|---|
| 2022 | +54.1% | -2.3% |
| 2023 | +34.1% | +33.5% |
| 2024 | +19.0% | +48.6% |
| 2025 | +76.3% | +11.7% |
| 2026 | +15.2% | +43.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CAH and USFD good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CAH and USFD?
As of 2026-08-27, the correlation of weekly returns between CAH and USFD is 0.38 over 3 years, 0.35 over 1 year and 0.34 over 5 years.
Is USFD a good diversifier for CAH?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.38 mean?
On the −1 to +1 scale, 0.38 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cah-vs-usfd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cah-vs-usfd/)
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Related comparisons
Hubs: CAH correlations · USFD correlations
