KIDS vs TXG: Correlation
Measured on weekly returns over the past three years, OrthoPediatrics Corp. (KIDS) and 10x Genomics, Inc. (TXG) carry a correlation of 0.45, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KIDS and TXG?
On 3 years of weekly data the KIDS/TXG correlation comes out at 0.45, moderate. Recent behaviour matches the longer record: 0.52 over 1 year against 0.45 over 3. The 5-year figure is 0.44, and annualized covariance runs at 1376.7 %².
By 3-year correlation, TXG places #4 of the 12 assets tracked against KIDS. Their recent paths diverged sharply: over the last 12 months TXG outperformed by 354.8 percentage points (+7.8% for KIDS against +362.6% for TXG).
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 TXG: side by side
| KIDS (OrthoPediatrics Corp.) | TXG (10x Genomics, Inc.) | |
|---|---|---|
| 1-year return | +7.8% | +362.6% |
| 5-year return | -65.6% | -62.7% |
| Volatility (ann.) | 47.6% | 64.3% |
| Beta vs S&P 500 | 0.91 | 1.55 |
| Max drawdown (3Y) | -62.1% | -87.6% |
| Market cap | $0.6B | $8.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KIDS | TXG |
|---|---|---|
| 2022 | -33.6% | -75.5% |
| 2023 | -18.2% | +53.6% |
| 2024 | -28.7% | -74.3% |
| 2025 | -23.4% | +13.6% |
| 2026 | +31.3% | +297.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KIDS and TXG good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between KIDS and TXG?
The KIDS/TXG correlation stands at 0.45 on a 3-year window (1 year: 0.52, 5 years: 0.44), computed from weekly returns as of 2026-08-27.
Is TXG a good diversifier for KIDS?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.45 mean?
A reading of 0.45 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-txg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/kids-vs-txg/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: KIDS correlations · TXG correlations
