NPO vs ROG: Correlation
Measured on weekly returns over the past three years, Enpro Inc. (NPO) and Rogers Corporation (ROG) carry a correlation of 0.64, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NPO and ROG?
On 3 years of weekly data the NPO/ROG correlation comes out at 0.64, strong. Little has changed lately, as the 1-year reading of 0.71 lands near the 3-year figure. The 5-year figure is 0.33, and annualized covariance runs at 761.7 %².
By 3-year correlation, ROG places #8 of the 25 assets tracked against NPO. Correlation aside, the last 12 months split them widely, with ROG ahead by 25.7 points (+37.1% versus +62.8%).
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.
NPO vs ROG: side by side
| NPO (Enpro Inc.) | ROG (Rogers Corporation) | |
|---|---|---|
| 1-year return | +37.1% | +62.8% |
| 5-year return | +270.5% | -39.5% |
| Volatility (ann.) | 34.4% | 34.4% |
| Beta vs S&P 500 | 1.27 | 1.02 |
| Max drawdown (3Y) | -33.7% | -64.0% |
| Market cap | $6.5B | $2.3B |
| P/E (trailing) | 149.1 | 74.8 |
| Dividend yield | 0.41% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NPO | ROG |
|---|---|---|
| 2022 | -0.2% | -56.3% |
| 2023 | +45.6% | +10.7% |
| 2024 | +10.9% | -23.1% |
| 2025 | +25.0% | -9.9% |
| 2026 | +44.5% | +41.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NPO and ROG good diversifiers for each other?
Only partially. A correlation of 0.64 means NPO and ROG share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between NPO and ROG?
As of 2026-08-27, the correlation of weekly returns between NPO and ROG is 0.64 over 3 years, 0.71 over 1 year and 0.33 over 5 years.
Is ROG a good diversifier for NPO?
Only partially. A correlation of 0.64 means NPO and ROG share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.64 mean?
On the −1 to +1 scale, 0.64 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/npo-vs-rog.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/npo-vs-rog/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: NPO correlations · ROG correlations
