KIDS vs MTH: Correlation
Measured on weekly returns over the past three years, OrthoPediatrics Corp. (KIDS) and Meritage Homes Corporation (MTH) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KIDS and MTH?
On 3 years of weekly data the KIDS/MTH correlation comes out at 0.47, moderate. Little has changed lately, as the 1-year reading of 0.38 lands near the 3-year figure. The 5-year figure is 0.45, and annualized covariance runs at 863.8 %².
In KIDS's tracked universe of 12 assets, MTH sits right near the top at #2. On 12-month performance KIDS holds a 14.8-point edge, +7.8% against -7.0%.
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.
KIDS vs MTH: side by side
| KIDS (OrthoPediatrics Corp.) | MTH (Meritage Homes Corporation) | |
|---|---|---|
| 1-year return | +7.8% | -7.0% |
| 5-year return | -65.6% | +34.0% |
| Volatility (ann.) | 47.6% | 39.0% |
| Beta vs S&P 500 | 0.91 | 0.90 |
| Max drawdown (3Y) | -62.1% | -43.0% |
| Market cap | $0.6B | $4.6B |
| P/E (trailing) | – | 15.0 |
| Dividend yield | 0.00% | 2.52% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KIDS | MTH |
|---|---|---|
| 2022 | -33.6% | -24.5% |
| 2023 | -18.2% | +90.5% |
| 2024 | -28.7% | -10.2% |
| 2025 | -23.4% | -12.3% |
| 2026 | +31.3% | +8.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KIDS and MTH good diversifiers for each other?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between KIDS and MTH?
Using weekly returns as of 2026-08-27: 0.47 over 3 years, with 0.38 over the last year and 0.45 over 5 years.
Is MTH a good diversifier for KIDS?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.47 mean?
A reading of 0.47 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/kids-vs-mth.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/kids-vs-mth/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KIDS correlations · MTH correlations
