IART vs PGNY: Correlation
Integra LifeSciences Holdings Corporation (IART) and Progyny, Inc. (PGNY) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IART and PGNY?
On 3 years of weekly data the IART/PGNY correlation comes out at 0.42, moderate. The relationship has been stable: the 1-year correlation (0.39) sits close to the 3-year figure. The 5-year figure is 0.37, and annualized covariance runs at 1188.1 %².
Among the 16 assets we track against IART, PGNY ranks #11 by 3-year correlation. Twelve-month performance is nearly a tie, at +13.3% for IART and +12.3% for PGNY.
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.
IART vs PGNY: side by side
| IART (Integra LifeSciences Holdings Corporation) | PGNY (Progyny, Inc.) | |
|---|---|---|
| 1-year return | +13.3% | +12.3% |
| 5-year return | -77.0% | -53.1% |
| Volatility (ann.) | 58.0% | 48.9% |
| Beta vs S&P 500 | 1.66 | 0.64 |
| Max drawdown (3Y) | -80.3% | -67.2% |
| Market cap | $1.3B | $2.0B |
| P/E (trailing) | – | 28.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IART | PGNY |
|---|---|---|
| 2022 | -16.3% | -38.1% |
| 2023 | -22.3% | +19.4% |
| 2024 | -47.9% | -53.6% |
| 2025 | -45.2% | +48.9% |
| 2026 | +35.7% | +0.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IART and PGNY good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between IART and PGNY?
As of 2026-08-27, the correlation of weekly returns between IART and PGNY is 0.42 over 3 years, 0.39 over 1 year and 0.37 over 5 years.
Is PGNY a good diversifier for IART?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.42 mean?
A reading of 0.42 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: IART correlations · PGNY correlations
