ISRG vs USA: Correlation
Intuitive Surgical (ISRG) and Liberty All-Star Equity Fund (USA) show a moderate relationship: their 3-year correlation of weekly returns is 0.57.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ISRG and USA?
On 3 years of weekly data the ISRG/USA correlation comes out at 0.57, moderate. The past 12 months show a weaker link (0.43) than the 3-year average (0.57). The 5-year figure is 0.58, and annualized covariance runs at 271.2 %².
In ISRG's tracked universe of 36 assets, USA sits right near the top at #3. Their recent paths diverged sharply: over the last 12 months USA outperformed by 23.7 percentage points (-22.1% for ISRG against +1.6% for USA). Risk is not evenly split, since ISRG carries 2.0 times the volatility of the other side.
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.
ISRG vs USA: side by side
| ISRG (Intuitive Surgical) | USA (Liberty All-Star Equity Fund) | |
|---|---|---|
| 1-year return | -22.1% | +1.6% |
| 5-year return | +4.0% | +18.1% |
| Volatility (ann.) | 31.1% | 15.2% |
| Beta vs S&P 500 | 1.20 | 0.89 |
| Max drawdown (3Y) | -45.6% | -17.7% |
| Market cap | $131.5B | – |
| P/E (trailing) | 42.5 | 10.7 |
| Dividend yield | 0.00% | 11.19% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | ISRG | USA |
|---|---|---|
| 2022 | -26.1% | -25.2% |
| 2023 | +27.1% | +23.2% |
| 2024 | +54.7% | +20.8% |
| 2025 | +8.5% | +0.1% |
| 2026 | -35.2% | +3.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ISRG and USA good diversifiers for each other?
To a limited degree. At 0.57 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between ISRG and USA?
The ISRG/USA correlation stands at 0.57 on a 3-year window (1 year: 0.43, 5 years: 0.58), computed from weekly returns as of 2026-08-27.
Is USA a good diversifier for ISRG?
To a limited degree. At 0.57 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.57 mean?
On the −1 to +1 scale, 0.57 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/isrg-vs-usa.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/isrg-vs-usa/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ISRG correlations · USA correlations
