RGR vs USPH: Correlation
Measured on weekly returns over the past three years, Sturm, Ruger & Company, Inc. (RGR) and U.S. Physical Therapy, Inc. (USPH) carry a correlation of 0.35, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RGR and USPH?
Over the past 3 years, RGR and USPH moved with a correlation of 0.35, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.47 versus 0.35 over 3 years. Over 5 years the correlation is 0.38, and the annualized covariance of weekly returns is 346.6 %².
Within RGR's tracked universe of 16 assets, USPH comes in at #5 by 3-year correlation. Over the last 12 months RGR came out ahead by 13.4 percentage points (+9.3% against -4.1%).
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.
RGR vs USPH: side by side
| RGR (Sturm, Ruger & Company, Inc.) | USPH (U.S. Physical Therapy, Inc.) | |
|---|---|---|
| 1-year return | +9.3% | -4.1% |
| 5-year return | -41.2% | -25.3% |
| Volatility (ann.) | 29.8% | 33.7% |
| Beta vs S&P 500 | 0.09 | 0.84 |
| Max drawdown (3Y) | -46.0% | -45.4% |
| Market cap | $0.6B | $1.2B |
| P/E (trailing) | 51.7 | 465.3 |
| Dividend yield | 1.15% | 2.33% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RGR | USPH |
|---|---|---|
| 2022 | -15.4% | -13.7% |
| 2023 | -8.0% | +17.0% |
| 2024 | -20.9% | -3.0% |
| 2025 | -6.1% | -9.9% |
| 2026 | +16.9% | +3.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RGR and USPH good diversifiers for each other?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between RGR and USPH?
As of 2026-08-27, the correlation of weekly returns between RGR and USPH is 0.35 over 3 years, 0.47 over 1 year and 0.38 over 5 years.
Is USPH a good diversifier for RGR?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.35 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/rgr-vs-usph.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rgr-vs-usph/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RGR correlations · USPH correlations
