NXRT vs ORGO: Correlation
Measured on weekly returns over the past three years, NexPoint Residential Trust, Inc. (NXRT) and Organogenesis Holdings Inc. - Class A (ORGO) carry a correlation of 0.41, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NXRT and ORGO?
Over the past 3 years, NXRT and ORGO moved with a correlation of 0.41, which is moderate. The past 12 months show a weaker link (0.29) than the 3-year average (0.41). Over 5 years the correlation is 0.31, and the annualized covariance of weekly returns is 1086.0 %².
By 3-year correlation, ORGO places #12 of the 17 assets tracked against NXRT. Their recent paths diverged sharply: over the last 12 months NXRT outperformed by 39.1 percentage points (-24.9% for NXRT against -64.0% for ORGO). Risk is not evenly split, since ORGO carries 3.1 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.
NXRT vs ORGO: side by side
| NXRT (NexPoint Residential Trust, Inc.) | ORGO (Organogenesis Holdings Inc. - Class A) | |
|---|---|---|
| 1-year return | -24.9% | -64.0% |
| 5-year return | -54.1% | -89.3% |
| Volatility (ann.) | 29.2% | 90.0% |
| Beta vs S&P 500 | 0.83 | 1.25 |
| Max drawdown (3Y) | -45.0% | -74.5% |
| Market cap | $1.2B | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 8.67% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NXRT | ORGO |
|---|---|---|
| 2022 | -46.7% | -70.9% |
| 2023 | -17.3% | +52.0% |
| 2024 | +27.3% | -21.8% |
| 2025 | -23.3% | +61.9% |
| 2026 | -18.8% | -66.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NXRT and ORGO good diversifiers for each other?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between NXRT and ORGO?
As of 2026-08-27, the correlation of weekly returns between NXRT and ORGO is 0.41 over 3 years, 0.29 over 1 year and 0.31 over 5 years.
Is ORGO a good diversifier for NXRT?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.41 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/nxrt-vs-orgo.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/nxrt-vs-orgo/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: NXRT correlations · ORGO correlations
