OWL vs TRAK: Correlation
Blue Owl Capital Inc. (OWL) and ReposiTrak, Inc. (TRAK) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OWL and TRAK?
On 3 years of weekly data the OWL/TRAK correlation comes out at 0.50, moderate. The relationship has been stable: the 1-year correlation (0.58) sits close to the 3-year figure. The 5-year figure is 0.34, and annualized covariance runs at 883.2 %².
By 3-year correlation, TRAK places #10 of the 16 assets tracked against OWL. Their recent paths diverged sharply: over the last 12 months OWL outperformed by 20.3 percentage points (-30.2% for OWL against -50.5% for TRAK).
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.
OWL vs TRAK: side by side
| OWL (Blue Owl Capital Inc.) | TRAK (ReposiTrak, Inc.) | |
|---|---|---|
| 1-year return | -30.2% | -50.5% |
| 5-year return | +8.2% | +52.8% |
| Volatility (ann.) | 41.9% | 42.1% |
| Beta vs S&P 500 | 1.77 | 1.30 |
| Max drawdown (3Y) | -67.1% | -71.0% |
| Market cap | $18.8B | $0.1B |
| P/E (trailing) | 100.2 | 21.5 |
| Dividend yield | 7.71% | 0.99% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OWL | TRAK |
|---|---|---|
| 2022 | -26.3% | -14.4% |
| 2023 | +47.4% | +104.2% |
| 2024 | +61.8% | +122.0% |
| 2025 | -32.8% | -43.8% |
| 2026 | -14.4% | -35.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OWL and TRAK good diversifiers for each other?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between OWL and TRAK?
The OWL/TRAK correlation stands at 0.50 on a 3-year window (1 year: 0.58, 5 years: 0.34), computed from weekly returns as of 2026-08-27.
Is TRAK a good diversifier for OWL?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.50 mean?
On the −1 to +1 scale, 0.50 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/owl-vs-trak.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/owl-vs-trak/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: OWL correlations · TRAK correlations
