JBHT vs SOC: Correlation
J.B. Hunt (JBHT) and Sable Offshore Corp. (SOC) show a negative relationship: their 3-year correlation of weekly returns is -0.17.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JBHT and SOC?
Across a 3-year window, the weekly returns of JBHT and SOC correlate at -0.17, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.35) than the 3-year average (-0.17). Stretching to 5 years gives -0.14, with an annualized covariance of -524.7 %².
Among the 36 assets we track against JBHT, SOC ranks #30 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months JBHT outperformed by 165.7 percentage points (+82.1% for JBHT against -83.6% for SOC). Risk is not evenly split, since SOC carries 3.4 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.
JBHT vs SOC: side by side
| JBHT (J.B. Hunt) | SOC (Sable Offshore Corp.) | |
|---|---|---|
| 1-year return | +82.1% | -83.6% |
| 5-year return | +51.0% | -51.7% |
| Volatility (ann.) | 30.0% | 101.7% |
| Beta vs S&P 500 | 0.93 | 0.03 |
| Max drawdown (3Y) | -42.4% | -90.7% |
| Market cap | $24.7B | $0.9B |
| P/E (trailing) | 37.5 | – |
| Dividend yield | 0.68% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | JBHT | SOC |
|---|---|---|
| 2022 | -13.9% | +3.4% |
| 2023 | +15.6% | +13.3% |
| 2024 | -13.8% | +101.1% |
| 2025 | +15.2% | -60.6% |
| 2026 | +36.3% | -48.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JBHT and SOC good diversifiers for each other?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
FAQ
What is the correlation between JBHT and SOC?
Using weekly returns as of 2026-08-27: -0.17 over 3 years, with -0.35 over the last year and -0.14 over 5 years.
Is SOC a good diversifier for JBHT?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
What does a correlation of -0.17 mean?
On the −1 to +1 scale, -0.17 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/jbht-vs-soc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/jbht-vs-soc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: JBHT correlations · SOC correlations
