HUM vs RXO: Correlation
How closely do Humana (HUM) and RXO, Inc. (RXO) trade together? Their weekly returns over three years give a correlation of 0.36, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HUM and RXO?
Across a 3-year window, the weekly returns of HUM and RXO correlate at 0.36, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.49 versus 0.36 over 3 years. Stretching to 5 years gives 0.30, with an annualized covariance of 941.2 %².
Within HUM's tracked universe of 30 assets, RXO comes in at #8 by 3-year correlation. Twelve-month performance is nearly a tie, at +34.0% for HUM and +37.3% for RXO.
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.
HUM vs RXO: side by side
| HUM (Humana) | RXO (RXO, Inc.) | |
|---|---|---|
| 1-year return | +34.0% | +37.3% |
| 5-year return | +1.8% | n/a |
| Volatility (ann.) | 43.3% | 60.7% |
| Beta vs S&P 500 | 0.52 | 1.66 |
| Max drawdown (3Y) | -67.9% | -67.1% |
| Market cap | $47.1B | $3.7B |
| P/E (trailing) | 36.9 | – |
| Dividend yield | 0.91% | 0.00% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | HUM | RXO |
|---|---|---|
| 2022 | +11.2% | – |
| 2023 | -9.9% | +35.2% |
| 2024 | -44.0% | +2.5% |
| 2025 | +2.4% | -47.0% |
| 2026 | +54.4% | +76.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HUM and RXO good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between HUM and RXO?
The HUM/RXO correlation stands at 0.36 on a 3-year window (1 year: 0.49, 5 years: 0.30), computed from weekly returns as of 2026-08-27.
Is RXO a good diversifier for HUM?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.36 mean?
A reading of 0.36 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/hum-vs-rxo.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/hum-vs-rxo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HUM correlations · RXO correlations
