GPOR vs HRTG: Correlation
Gulfport Energy Corporation (GPOR) and Heritage Insurance Holdings, Inc. (HRTG) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GPOR and HRTG?
Over the past 3 years, GPOR and HRTG moved with a correlation of 0.35, which is moderate. The past 12 months show a weaker link (0.20) than the 3-year average (0.35). Over 5 years the correlation is 0.32, and the annualized covariance of weekly returns is 810.3 %².
Within GPOR's tracked universe of 14 assets, HRTG comes in at #7 by 3-year correlation. The last year tells two different stories: HRTG led by 51.5 percentage points, +2.1% for GPOR against +53.6% for HRTG. Note the risk asymmetry: HRTG runs 2.2 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.
GPOR vs HRTG: side by side
| GPOR (Gulfport Energy Corporation) | HRTG (Heritage Insurance Holdings, Inc.) | |
|---|---|---|
| 1-year return | +2.1% | +53.6% |
| 5-year return | +166.3% | +422.5% |
| Volatility (ann.) | 32.5% | 71.1% |
| Beta vs S&P 500 | 0.51 | 0.71 |
| Max drawdown (3Y) | -32.5% | -43.9% |
| Market cap | $3.1B | $1.0B |
| P/E (trailing) | 6.6 | 4.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GPOR | HRTG |
|---|---|---|
| 2022 | +2.2% | -68.6% |
| 2023 | +80.9% | +262.2% |
| 2024 | +38.3% | +85.6% |
| 2025 | +12.9% | +141.8% |
| 2026 | -15.3% | +16.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GPOR and HRTG good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between GPOR and HRTG?
The GPOR/HRTG correlation stands at 0.35 on a 3-year window (1 year: 0.20, 5 years: 0.32), computed from weekly returns as of 2026-08-27.
Is HRTG a good diversifier for GPOR?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.35 mean?
A reading of 0.35 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/gpor-vs-hrtg.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/gpor-vs-hrtg/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GPOR correlations · HRTG correlations
