POOL vs USO: Correlation
Measured on weekly returns over the past three years, Pool Corporation (POOL) and United States Oil Fund (USO) carry a correlation of -0.26, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are POOL and USO?
Over the past 3 years, POOL and USO moved with a correlation of -0.26, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.41 versus -0.26 over 3 years. Over 5 years the correlation is -0.14, and the annualized covariance of weekly returns is -332.2 %².
Among the 16 assets we track against POOL, USO sits near the bottom by co-movement, at rank #14. Their recent paths diverged sharply: over the last 12 months USO outperformed by 114.1 percentage points (-40.0% for POOL against +74.1% for USO).
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.
POOL vs USO: side by side
| POOL (Pool Corporation) | USO (United States Oil Fund) | |
|---|---|---|
| 1-year return | -40.0% | +74.1% |
| 5-year return | -59.3% | +168.6% |
| Volatility (ann.) | 32.4% | 39.4% |
| Beta vs S&P 500 | 0.80 | -0.20 |
| Max drawdown (3Y) | -56.8% | -32.5% |
| Market cap | $6.8B | – |
| P/E (trailing) | 17.1 | – |
| Dividend yield | 2.68% | – |
| Sector / category | US Listed | ETF · Commodities |
Year-by-year returns
| Year | POOL | USO |
|---|---|---|
| 2022 | -46.0% | +29.0% |
| 2023 | +33.5% | -4.9% |
| 2024 | -13.4% | +13.4% |
| 2025 | -31.8% | -8.5% |
| 2026 | -17.0% | +88.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are POOL and USO good diversifiers for each other?
Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between POOL and USO?
Using weekly returns as of 2026-08-27: -0.26 over 3 years, with -0.41 over the last year and -0.14 over 5 years.
Is USO a good diversifier for POOL?
Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.26 mean?
On the −1 to +1 scale, -0.26 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/pool-vs-uso.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/pool-vs-uso/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: POOL correlations · USO correlations
