GL vs ORI: Correlation
Measured on weekly returns over the past three years, Globe Life (GL) and Old Republic International Corporation (ORI) carry a correlation of 0.40, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GL and ORI?
Across a 3-year window, the weekly returns of GL and ORI correlate at 0.40, moderate. Little has changed lately, as the 1-year reading of 0.46 lands near the 3-year figure. Stretching to 5 years gives 0.44, with an annualized covariance of 304.3 %².
Within GL's tracked universe of 30 assets, ORI comes in at #15 by 3-year correlation. On 12-month performance GL holds a 11.1-point edge, +26.1% against +15.0%. Risk is not evenly split, since GL 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.
GL vs ORI: side by side
| GL (Globe Life) | ORI (Old Republic International Corporation) | |
|---|---|---|
| 1-year return | +26.1% | +15.0% |
| 5-year return | +91.0% | +137.4% |
| Volatility (ann.) | 35.7% | 21.1% |
| Beta vs S&P 500 | 0.60 | 0.28 |
| Max drawdown (3Y) | -61.6% | -16.2% |
| Market cap | $13.5B | $10.2B |
| P/E (trailing) | 11.7 | 9.3 |
| Dividend yield | 0.68% | 2.85% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | GL | ORI |
|---|---|---|
| 2022 | +29.7% | +6.7% |
| 2023 | +1.8% | +26.3% |
| 2024 | -7.5% | +27.1% |
| 2025 | +26.5% | +37.5% |
| 2026 | +26.5% | -0.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GL 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 GL and ORI?
As of 2026-08-27, the correlation of weekly returns between GL and ORI is 0.40 over 3 years, 0.46 over 1 year and 0.44 over 5 years.
Is ORI a good diversifier for GL?
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/gl-vs-ori.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gl-vs-ori/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GL correlations · ORI correlations
