OSCR vs REYN: Correlation
Oscar Health, Inc. (OSCR) and Reynolds Consumer Products Inc. (REYN) show a moderate relationship: their 3-year correlation of weekly returns is 0.33.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OSCR and REYN?
On 3 years of weekly data the OSCR/REYN correlation comes out at 0.33, moderate. The relationship has been stable: the 1-year correlation (0.39) sits close to the 3-year figure. The 5-year figure is 0.18, and annualized covariance runs at 562.5 %².
Within OSCR's tracked universe of 10 assets, REYN comes in at #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with OSCR ahead by 66.9 points (+76.6% versus +9.7%). Note the risk asymmetry: OSCR runs 3.8 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.
OSCR vs REYN: side by side
| OSCR (Oscar Health, Inc.) | REYN (Reynolds Consumer Products Inc.) | |
|---|---|---|
| 1-year return | +76.6% | +9.7% |
| 5-year return | +96.9% | +1.4% |
| Volatility (ann.) | 80.0% | 21.1% |
| Beta vs S&P 500 | 1.29 | 0.24 |
| Max drawdown (3Y) | -53.4% | -33.4% |
| Market cap | $9.3B | $5.1B |
| P/E (trailing) | 24.0 | 14.8 |
| Dividend yield | 0.00% | 3.74% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OSCR | REYN |
|---|---|---|
| 2022 | -68.7% | -1.5% |
| 2023 | +272.0% | -7.5% |
| 2024 | +46.9% | +3.8% |
| 2025 | +6.9% | -11.7% |
| 2026 | +109.1% | +8.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OSCR and REYN good diversifiers for each other?
Reasonably. At 0.33, OSCR and REYN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between OSCR and REYN?
Using weekly returns as of 2026-08-27: 0.33 over 3 years, with 0.39 over the last year and 0.18 over 5 years.
Is REYN a good diversifier for OSCR?
Reasonably. At 0.33, OSCR and REYN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.33 mean?
On the −1 to +1 scale, 0.33 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/oscr-vs-reyn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/oscr-vs-reyn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: OSCR correlations · REYN correlations
