OSK vs URI: Correlation
Measured on weekly returns over the past three years, Oshkosh Corporation (Holding Company) (OSK) and United Rentals (URI) carry a correlation of 0.62, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OSK and URI?
Across a 3-year window, the weekly returns of OSK and URI correlate at 0.62, strong. Recent behaviour matches the longer record: 0.54 over 1 year against 0.62 over 3. Stretching to 5 years gives 0.64, with an annualized covariance of 906.8 %².
Among the 18 assets we track against OSK, URI ranks #9 by 3-year correlation. Their 12-month results are close: +11.0% for OSK against +10.2% for URI.
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.
OSK vs URI: side by side
| OSK (Oshkosh Corporation (Holding Company)) | URI (United Rentals) | |
|---|---|---|
| 1-year return | +11.0% | +10.2% |
| 5-year return | +47.4% | +204.1% |
| Volatility (ann.) | 37.0% | 39.5% |
| Beta vs S&P 500 | 1.14 | 1.42 |
| Max drawdown (3Y) | -36.7% | -37.0% |
| Market cap | $9.7B | $64.6B |
| P/E (trailing) | 18.1 | 25.4 |
| Dividend yield | 1.37% | 0.71% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | OSK | URI |
|---|---|---|
| 2022 | -20.5% | +7.0% |
| 2023 | +25.2% | +63.6% |
| 2024 | -10.8% | +24.0% |
| 2025 | +34.5% | +15.9% |
| 2026 | +26.2% | +29.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OSK and URI good diversifiers for each other?
Somewhat, no more. With 0.62 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between OSK and URI?
Using weekly returns as of 2026-08-27: 0.62 over 3 years, with 0.54 over the last year and 0.64 over 5 years.
Is URI a good diversifier for OSK?
Somewhat, no more. With 0.62 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.62 mean?
On the −1 to +1 scale, 0.62 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/osk-vs-uri.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/osk-vs-uri/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: OSK correlations · URI correlations
