EPAM vs PODD: Correlation
Measured on weekly returns over the past three years, EPAM Systems, Inc. (EPAM) and Insulet Corporation (PODD) carry a correlation of 0.46, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EPAM and PODD?
Across a 3-year window, the weekly returns of EPAM and PODD correlate at 0.46, moderate. The relationship has been stable: the 1-year correlation (0.44) sits close to the 3-year figure. Stretching to 5 years gives 0.30, with an annualized covariance of 847.4 %².
By 3-year correlation, PODD places #10 of the 16 assets tracked against EPAM. Correlation aside, the last 12 months split them widely, with EPAM ahead by 22.1 points (-35.0% 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.
EPAM vs PODD: side by side
| EPAM (EPAM Systems, Inc.) | PODD (Insulet Corporation) | |
|---|---|---|
| 1-year return | -35.0% | -57.1% |
| 5-year return | -82.3% | -51.6% |
| Volatility (ann.) | 47.0% | 38.9% |
| Beta vs S&P 500 | 0.98 | 0.67 |
| Max drawdown (3Y) | -75.8% | -62.2% |
| Market cap | $5.8B | $9.9B |
| P/E (trailing) | 14.8 | 26.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | EPAM | PODD |
|---|---|---|
| 2022 | -51.0% | +10.6% |
| 2023 | -9.3% | -26.3% |
| 2024 | -21.4% | +20.3% |
| 2025 | -12.4% | +8.9% |
| 2026 | -45.0% | -49.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EPAM and PODD good diversifiers for each other?
Reasonably. At 0.46, EPAM and PODD keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between EPAM and PODD?
The EPAM/PODD correlation stands at 0.46 on a 3-year window (1 year: 0.44, 5 years: 0.30), computed from weekly returns as of 2026-08-27.
Is PODD a good diversifier for EPAM?
Reasonably. At 0.46, EPAM and PODD keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.46 mean?
A reading of 0.46 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/epam-vs-podd.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/epam-vs-podd/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EPAM correlations · PODD correlations
