DGX vs ORI: Correlation
Quest Diagnostics (DGX) and Old Republic International Corporation (ORI) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DGX and ORI?
On 3 years of weekly data the DGX/ORI correlation comes out at 0.40, moderate. Little has changed lately, as the 1-year reading of 0.45 lands near the 3-year figure. The 5-year figure is 0.28, and annualized covariance runs at 163.0 %².
By 3-year correlation, ORI places #11 of the 32 assets tracked against DGX. The last year tells two different stories: DGX led by 23.5 percentage points, +38.5% for DGX against +15.0% for ORI.
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.
DGX vs ORI: side by side
| DGX (Quest Diagnostics) | ORI (Old Republic International Corporation) | |
|---|---|---|
| 1-year return | +38.5% | +15.0% |
| 5-year return | +78.8% | +137.4% |
| Volatility (ann.) | 19.1% | 21.1% |
| Beta vs S&P 500 | 0.09 | 0.28 |
| Max drawdown (3Y) | -12.4% | -16.2% |
| Market cap | $27.0B | $10.2B |
| P/E (trailing) | 26.0 | 9.3 |
| Dividend yield | 1.36% | 2.85% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | DGX | ORI |
|---|---|---|
| 2022 | -7.8% | +6.7% |
| 2023 | -10.1% | +26.3% |
| 2024 | +11.8% | +27.1% |
| 2025 | +17.2% | +37.5% |
| 2026 | +42.8% | -0.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DGX and ORI good diversifiers for each other?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DGX and ORI?
Using weekly returns as of 2026-08-27: 0.40 over 3 years, with 0.45 over the last year and 0.28 over 5 years.
Is ORI a good diversifier for DGX?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.40 mean?
A reading of 0.40 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/dgx-vs-ori.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dgx-vs-ori/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DGX correlations · ORI correlations
