HIG vs ORLY: Correlation
Measured on weekly returns over the past three years, Hartford (The) (HIG) and O'Reilly Automotive (ORLY) carry a correlation of 0.38, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HIG and ORLY?
Across a 3-year window, the weekly returns of HIG and ORLY correlate at 0.38, moderate. The link has loosened recently: the 1-year correlation (0.26) runs below the 3-year figure (0.38). Stretching to 5 years gives 0.41, with an annualized covariance of 147.3 %².
By 3-year correlation, ORLY places #35 of the 49 assets tracked against HIG. Correlation aside, the last 12 months split them widely, with HIG ahead by 21.0 points (+5.4% versus -15.6%). Across three years, the rolling one-year figure varied moderately, from 0.11 to 0.59.
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.
HIG vs ORLY: side by side
| HIG (Hartford (The)) | ORLY (O'Reilly Automotive) | |
|---|---|---|
| 1-year return | +5.4% | -15.6% |
| 5-year return | +127.4% | +120.8% |
| Volatility (ann.) | 19.5% | 19.8% |
| Beta vs S&P 500 | 0.39 | 0.20 |
| Max drawdown (3Y) | -13.7% | -23.3% |
| Market cap | $37.3B | $71.1B |
| P/E (trailing) | 9.7 | 28.4 |
| Dividend yield | 1.66% | 0.00% |
| Sector / category | Financials | Consumer Discretionary |
Year-by-year returns
| Year | HIG | ORLY |
|---|---|---|
| 2022 | +12.3% | +19.5% |
| 2023 | +8.5% | +12.6% |
| 2024 | +38.5% | +24.8% |
| 2025 | +28.1% | +15.4% |
| 2026 | +0.9% | -3.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HIG and ORLY 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 HIG and ORLY?
As of 2026-08-27, the correlation of weekly returns between HIG and ORLY is 0.38 over 3 years, 0.26 over 1 year and 0.41 over 5 years.
Is ORLY a good diversifier for HIG?
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?
On the −1 to +1 scale, 0.38 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/hig-vs-orly.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/hig-vs-orly/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HIG correlations · ORLY correlations
