GETY vs RDY: Correlation
How closely do Getty Images Holdings, Inc. (GETY) and Dr. Reddy's Laboratories Ltd (RDY) trade together? Their weekly returns over three years give a correlation of 0.38, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GETY and RDY?
Over the past 3 years, GETY and RDY moved with a correlation of 0.38, which is moderate. Recent behaviour matches the longer record: 0.44 over 1 year against 0.38 over 3. Over 5 years the correlation is 0.07, and the annualized covariance of weekly returns is 704.6 %².
By 3-year correlation, RDY places #6 of the 12 assets tracked against GETY. The last year tells two different stories: RDY led by 71.2 percentage points, -85.2% for GETY against -14.0% for RDY. Note the risk asymmetry: GETY runs 3.3 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
GETY vs RDY: side by side
| GETY (Getty Images Holdings, Inc.) | RDY (Dr. Reddy's Laboratories Ltd) | |
|---|---|---|
| 1-year return | -85.2% | -14.0% |
| 5-year return | -97.2% | +1.0% |
| Volatility (ann.) | 78.2% | 23.9% |
| Beta vs S&P 500 | 1.20 | 0.32 |
| Max drawdown (3Y) | -96.5% | -32.0% |
| Market cap | $0.1B | $10.1B |
| P/E (trailing) | – | 29.0 |
| Dividend yield | 0.00% | 65.47% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GETY | RDY |
|---|---|---|
| 2022 | -43.9% | -19.7% |
| 2023 | -5.4% | +36.5% |
| 2024 | -58.9% | +14.1% |
| 2025 | -38.0% | -10.5% |
| 2026 | -79.3% | -12.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GETY and RDY good diversifiers for each other?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GETY and RDY?
Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.44 over the last year and 0.07 over 5 years.
Is RDY a good diversifier for GETY?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.38 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/gety-vs-rdy.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gety-vs-rdy/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GETY correlations · RDY correlations
