OPRT vs UPST: Correlation
How closely do Oportun Financial Corporation (OPRT) and Upstart Holdings, Inc. (UPST) trade together? Their weekly returns over three years give a correlation of 0.46, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OPRT and UPST?
On 3 years of weekly data the OPRT/UPST correlation comes out at 0.46, moderate. The past 12 months show a tighter link (0.63) than the 3-year average (0.46). The 5-year figure is 0.39, and annualized covariance runs at 3486.6 %².
Within OPRT's tracked universe of 11 assets, UPST comes in at #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months OPRT outperformed by 70.6 percentage points (+14.4% for OPRT against -56.2% for UPST).
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.
OPRT vs UPST: side by side
| OPRT (Oportun Financial Corporation) | UPST (Upstart Holdings, Inc.) | |
|---|---|---|
| 1-year return | +14.4% | -56.2% |
| 5-year return | -69.9% | -85.9% |
| Volatility (ann.) | 83.4% | 91.0% |
| Beta vs S&P 500 | 1.77 | 3.51 |
| Max drawdown (3Y) | -72.0% | -72.7% |
| Market cap | $0.3B | $3.0B |
| P/E (trailing) | 18.7 | 58.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OPRT | UPST |
|---|---|---|
| 2022 | -72.8% | -91.3% |
| 2023 | -29.0% | +209.1% |
| 2024 | -0.8% | +50.7% |
| 2025 | +36.3% | -29.0% |
| 2026 | +41.4% | -30.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OPRT and UPST good diversifiers for each other?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between OPRT and UPST?
Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.63 over the last year and 0.39 over 5 years.
Is UPST a good diversifier for OPRT?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.46 mean?
A reading of 0.46 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/oprt-vs-upst.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/oprt-vs-upst/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: OPRT correlations · UPST correlations
