IDT vs USAR: Correlation
How closely do IDT Corporation (IDT) and USA Rare Earth, Inc. (USAR) trade together? Their weekly returns over three years give a correlation of -0.27, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IDT and USAR?
On 3 years of weekly data the IDT/USAR correlation comes out at -0.27, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.48) runs below the 3-year figure (-0.27). The 5-year figure is n/a, and annualized covariance runs at -891.5 %².
Out of 14 assets tracked against IDT, USAR lands near the bottom at #13. On 12-month performance USAR holds a 13.6-point edge, +9.1% against +22.7%. Note the risk asymmetry: USAR runs 2.9 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.
IDT vs USAR: side by side
| IDT (IDT Corporation) | USAR (USA Rare Earth, Inc.) | |
|---|---|---|
| 1-year return | +9.1% | +22.7% |
| 5-year return | +58.8% | n/a |
| Volatility (ann.) | 34.0% | 98.3% |
| Beta vs S&P 500 | 0.70 | -0.14 |
| Max drawdown (3Y) | -33.2% | -69.2% |
| Market cap | – | $4.7B |
| P/E (trailing) | 21.2 | – |
| Dividend yield | 0.36% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IDT | USAR |
|---|---|---|
| 2022 | -36.2% | – |
| 2023 | +21.0% | – |
| 2024 | +40.1% | +11.1% |
| 2025 | +8.2% | +3.7% |
| 2026 | +34.8% | +61.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IDT and USAR good diversifiers for each other?
Yes. With a correlation of -0.27, IDT and USAR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between IDT and USAR?
The IDT/USAR correlation stands at -0.27 on a 3-year window (1 year: -0.48, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is USAR a good diversifier for IDT?
Yes. With a correlation of -0.27, IDT and USAR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.27 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/idt-vs-usar.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/idt-vs-usar/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: IDT correlations · USAR correlations
