CRCT vs OPRT: Correlation
Measured on weekly returns over the past three years, Cricut, Inc. (CRCT) and Oportun Financial Corporation (OPRT) carry a correlation of 0.42, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRCT and OPRT?
On 3 years of weekly data the CRCT/OPRT correlation comes out at 0.42, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.69 versus 0.42 over 3 years. The 5-year figure is 0.27, and annualized covariance runs at 1734.3 %².
OPRT is one of the assets that tracks CRCT most closely: it ranks #2 out of the 10 assets we track against CRCT. Over the last 12 months OPRT came out ahead by 12.0 percentage points (+2.4% against +14.4%). Risk is not evenly split, since OPRT carries 1.7 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.
CRCT vs OPRT: side by side
| CRCT (Cricut, Inc.) | OPRT (Oportun Financial Corporation) | |
|---|---|---|
| 1-year return | +2.4% | +14.4% |
| 5-year return | -70.1% | -69.9% |
| Volatility (ann.) | 49.2% | 83.4% |
| Beta vs S&P 500 | 0.94 | 1.77 |
| Max drawdown (3Y) | -53.2% | -72.0% |
| Market cap | $1.2B | $0.3B |
| P/E (trailing) | 14.2 | 18.7 |
| Dividend yield | 3.44% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRCT | OPRT |
|---|---|---|
| 2022 | -58.0% | -72.8% |
| 2023 | -20.1% | -29.0% |
| 2024 | -4.9% | -0.8% |
| 2025 | +0.1% | +36.3% |
| 2026 | +19.8% | +41.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRCT and OPRT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CRCT and OPRT?
As of 2026-08-27, the correlation of weekly returns between CRCT and OPRT is 0.42 over 3 years, 0.69 over 1 year and 0.27 over 5 years.
Is OPRT a good diversifier for CRCT?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.42 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/crct-vs-oprt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/crct-vs-oprt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CRCT correlations · OPRT correlations
