ORGO vs TRNR: Correlation
Organogenesis Holdings Inc. - Class A (ORGO) and Interactive Strength Inc. (TRNR) show a moderate relationship: their 3-year correlation of weekly returns is 0.34.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ORGO and TRNR?
On 3 years of weekly data the ORGO/TRNR correlation comes out at 0.34, moderate. The link has loosened recently: the 1-year correlation (0.04) runs below the 3-year figure (0.34). The 5-year figure is n/a, and annualized covariance runs at 4699.0 %².
By 3-year correlation, TRNR places #6 of the 15 assets tracked against ORGO. Correlation aside, the last 12 months split them widely, with ORGO ahead by 34.9 points (-64.0% versus -98.9%). Note the risk asymmetry: TRNR runs 1.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
ORGO vs TRNR: side by side
| ORGO (Organogenesis Holdings Inc. - Class A) | TRNR (Interactive Strength Inc.) | |
|---|---|---|
| 1-year return | -64.0% | -98.9% |
| 5-year return | -89.3% | n/a |
| Volatility (ann.) | 90.0% | 151.7% |
| Beta vs S&P 500 | 1.25 | 1.38 |
| Max drawdown (3Y) | -74.5% | -100.0% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ORGO | TRNR |
|---|---|---|
| 2022 | -70.9% | – |
| 2023 | +52.0% | – |
| 2024 | -21.8% | -99.9% |
| 2025 | +61.9% | -97.0% |
| 2026 | -66.4% | -94.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ORGO and TRNR good diversifiers for each other?
Reasonably. At 0.34, ORGO and TRNR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ORGO and TRNR?
The ORGO/TRNR correlation stands at 0.34 on a 3-year window (1 year: 0.04, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is TRNR a good diversifier for ORGO?
Reasonably. At 0.34, ORGO and TRNR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.34 mean?
On the −1 to +1 scale, 0.34 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.
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Related comparisons
Hubs: ORGO correlations · TRNR correlations
