OPCH vs WY: Correlation
How closely do Option Care Health, Inc. (OPCH) and Weyerhaeuser (WY) trade together? Their weekly returns over three years give a correlation of 0.48, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OPCH and WY?
Across a 3-year window, the weekly returns of OPCH and WY correlate at 0.48, moderate. The relationship has been stable: the 1-year correlation (0.41) sits close to the 3-year figure. Stretching to 5 years gives 0.42, with an annualized covariance of 438.3 %².
By 3-year correlation, WY places #5 of the 15 assets tracked against OPCH. Over the last 12 months WY came out ahead by 10.0 percentage points (-16.1% against -6.1%).
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.
OPCH vs WY: side by side
| OPCH (Option Care Health, Inc.) | WY (Weyerhaeuser) | |
|---|---|---|
| 1-year return | -16.1% | -6.1% |
| 5-year return | -8.7% | -19.5% |
| Volatility (ann.) | 37.1% | 24.8% |
| Beta vs S&P 500 | 0.56 | 0.64 |
| Max drawdown (3Y) | -46.7% | -38.0% |
| Market cap | $3.6B | $17.1B |
| P/E (trailing) | 18.2 | 36.5 |
| Dividend yield | 0.00% | 3.49% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | OPCH | WY |
|---|---|---|
| 2022 | +5.8% | -20.4% |
| 2023 | +12.0% | +18.0% |
| 2024 | -31.1% | -16.6% |
| 2025 | +37.3% | -13.0% |
| 2026 | -24.7% | +1.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OPCH and WY good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between OPCH and WY?
The OPCH/WY correlation stands at 0.48 on a 3-year window (1 year: 0.41, 5 years: 0.42), computed from weekly returns as of 2026-08-27.
Is WY a good diversifier for OPCH?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.48 mean?
A reading of 0.48 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/opch-vs-wy.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/opch-vs-wy/)
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Related comparisons
Hubs: OPCH correlations · WY correlations
