KIDS vs SIBN: Correlation
Measured on weekly returns over the past three years, OrthoPediatrics Corp. (KIDS) and SI-BONE, Inc. (SIBN) carry a correlation of 0.44, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KIDS and SIBN?
Over the past 3 years, KIDS and SIBN moved with a correlation of 0.44, which is moderate. Little has changed lately, as the 1-year reading of 0.36 lands near the 3-year figure. Over 5 years the correlation is 0.47, and the annualized covariance of weekly returns is 1093.5 %².
Within KIDS's tracked universe of 12 assets, SIBN comes in at #6 by 3-year correlation. Over the last 12 months SIBN came out ahead by 7.9 percentage points (+7.8% against +15.7%).
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 SIBN: side by side
| KIDS (OrthoPediatrics Corp.) | SIBN (SI-BONE, Inc.) | |
|---|---|---|
| 1-year return | +7.8% | +15.7% |
| 5-year return | -65.6% | -19.1% |
| Volatility (ann.) | 47.6% | 52.2% |
| Beta vs S&P 500 | 0.91 | 0.73 |
| Max drawdown (3Y) | -62.1% | -49.3% |
| Market cap | $0.6B | $0.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KIDS | SIBN |
|---|---|---|
| 2022 | -33.6% | -38.8% |
| 2023 | -18.2% | +54.3% |
| 2024 | -28.7% | -33.2% |
| 2025 | -23.4% | +40.7% |
| 2026 | +31.3% | -2.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KIDS and SIBN good diversifiers for each other?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between KIDS and SIBN?
As of 2026-08-27, the correlation of weekly returns between KIDS and SIBN is 0.44 over 3 years, 0.36 over 1 year and 0.47 over 5 years.
Is SIBN a good diversifier for KIDS?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.44 mean?
A reading of 0.44 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-sibn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/kids-vs-sibn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: KIDS correlations · SIBN correlations
