ETD vs OPCH: Correlation
Measured on weekly returns over the past three years, Ethan Allen Interiors Inc. (ETD) and Option Care Health, Inc. (OPCH) carry a correlation of 0.51, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ETD and OPCH?
Across a 3-year window, the weekly returns of ETD and OPCH correlate at 0.51, moderate. Little has changed lately, as the 1-year reading of 0.46 lands near the 3-year figure. Stretching to 5 years gives 0.38, with an annualized covariance of 530.3 %².
Within ETD's tracked universe of 12 assets, OPCH comes in at #6 by 3-year correlation. Twelve-month performance is nearly a tie, at -15.3% for ETD and -16.1% for OPCH.
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.
ETD vs OPCH: side by side
| ETD (Ethan Allen Interiors Inc.) | OPCH (Option Care Health, Inc.) | |
|---|---|---|
| 1-year return | -15.3% | -16.1% |
| 5-year return | +35.4% | -8.7% |
| Volatility (ann.) | 28.2% | 37.1% |
| Beta vs S&P 500 | 0.66 | 0.56 |
| Max drawdown (3Y) | -36.8% | -46.7% |
| Market cap | $0.6B | $3.6B |
| P/E (trailing) | 15.1 | 18.2 |
| Dividend yield | 6.61% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ETD | OPCH |
|---|---|---|
| 2022 | +7.5% | +5.8% |
| 2023 | +28.7% | +12.0% |
| 2024 | -6.0% | -31.1% |
| 2025 | -13.2% | +37.3% |
| 2026 | +9.3% | -24.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ETD and OPCH good diversifiers for each other?
Somewhat, no more. With 0.51 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ETD and OPCH?
The ETD/OPCH correlation stands at 0.51 on a 3-year window (1 year: 0.46, 5 years: 0.38), computed from weekly returns as of 2026-08-27.
Is OPCH a good diversifier for ETD?
Somewhat, no more. With 0.51 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.51 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/etd-vs-opch.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/etd-vs-opch/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ETD correlations · OPCH correlations
