HUM vs SNDR: Correlation
How closely do Humana (HUM) and Schneider National, Inc. (SNDR) trade together? Their weekly returns over three years give a correlation of 0.38, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HUM and SNDR?
On 3 years of weekly data the HUM/SNDR correlation comes out at 0.38, moderate. The past 12 months show a tighter link (0.51) than the 3-year average (0.38). The 5-year figure is 0.28, and annualized covariance runs at 498.2 %².
Within HUM's tracked universe of 30 assets, SNDR comes in at #6 by 3-year correlation. The trailing year gives SNDR the advantage: +34.0% versus +43.3%, a 9.3-point spread.
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 SNDR: side by side
| HUM (Humana) | SNDR (Schneider National, Inc.) | |
|---|---|---|
| 1-year return | +34.0% | +43.3% |
| 5-year return | +1.8% | +63.2% |
| Volatility (ann.) | 43.3% | 30.0% |
| Beta vs S&P 500 | 0.52 | 0.52 |
| Max drawdown (3Y) | -67.9% | -38.8% |
| Market cap | $47.1B | $6.2B |
| P/E (trailing) | 36.9 | 55.1 |
| Dividend yield | 0.91% | 1.11% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | HUM | SNDR |
|---|---|---|
| 2022 | +11.2% | -11.9% |
| 2023 | -9.9% | +10.2% |
| 2024 | -44.0% | +16.8% |
| 2025 | +2.4% | -8.0% |
| 2026 | +54.4% | +33.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HUM and SNDR 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 HUM and SNDR?
Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.51 over the last year and 0.28 over 5 years.
Is SNDR a good diversifier for HUM?
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/hum-vs-sndr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hum-vs-sndr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HUM correlations · SNDR correlations
