GPC vs USO: Correlation
Genuine Parts Company (GPC) and United States Oil Fund (USO) show a negative relationship: their 3-year correlation of weekly returns is -0.32.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GPC and USO?
Across a 3-year window, the weekly returns of GPC and USO correlate at -0.32, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.43) runs below the 3-year figure (-0.32). Stretching to 5 years gives -0.18, with an annualized covariance of -408.1 %².
Among the 36 assets we track against GPC, USO sits near the bottom by co-movement, at rank #35. Correlation aside, the last 12 months split them widely, with USO ahead by 72.8 points (+1.3% versus +74.1%). The relationship is regime-dependent: the rolling one-year correlation swung between -0.43 and 0.12 over the past three years, so this pair behaves very differently depending on the market environment.
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.
GPC vs USO: side by side
| GPC (Genuine Parts Company) | USO (United States Oil Fund) | |
|---|---|---|
| 1-year return | +1.3% | +74.1% |
| 5-year return | +27.6% | +168.6% |
| Volatility (ann.) | 31.9% | 39.4% |
| Beta vs S&P 500 | 0.66 | -0.20 |
| Max drawdown (3Y) | -39.7% | -32.5% |
| Market cap | $18.8B | – |
| P/E (trailing) | 546.8 | – |
| Dividend yield | 3.00% | – |
| Sector / category | Consumer Discretionary | ETF · Commodities |
Year-by-year returns
| Year | GPC | USO |
|---|---|---|
| 2022 | +26.8% | +29.0% |
| 2023 | -18.1% | -4.9% |
| 2024 | -13.2% | +13.4% |
| 2025 | +8.7% | -8.5% |
| 2026 | +13.4% | +88.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GPC and USO good diversifiers for each other?
Yes: at -0.32, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between GPC and USO?
Using weekly returns as of 2026-08-27: -0.32 over 3 years, with -0.43 over the last year and -0.18 over 5 years.
Is USO a good diversifier for GPC?
Yes: at -0.32, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.32 mean?
On the −1 to +1 scale, -0.32 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gpc-vs-uso.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gpc-vs-uso/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GPC correlations · USO correlations
