RKT vs USO: Correlation
Rocket Companies, Inc. (RKT) and United States Oil Fund (USO) show a negative relationship: their 3-year correlation of weekly returns is -0.29.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RKT and USO?
Across a 3-year window, the weekly returns of RKT and USO correlate at -0.29, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.46) runs below the 3-year figure (-0.29). Stretching to 5 years gives -0.14, with an annualized covariance of -623.4 %².
Out of 17 assets tracked against RKT, USO lands near the bottom at #17. Their recent paths diverged sharply: over the last 12 months USO outperformed by 95.3 percentage points (-21.2% for RKT 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.
RKT vs USO: side by side
| RKT (Rocket Companies, Inc.) | USO (United States Oil Fund) | |
|---|---|---|
| 1-year return | -21.2% | +74.1% |
| 5-year return | -7.5% | +168.6% |
| Volatility (ann.) | 55.4% | 39.4% |
| Beta vs S&P 500 | 1.02 | -0.20 |
| Max drawdown (3Y) | -50.6% | -32.5% |
| Market cap | $40.3B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | – |
| Sector / category | US Listed | ETF · Commodities |
Year-by-year returns
| Year | RKT | USO |
|---|---|---|
| 2022 | -46.2% | +29.0% |
| 2023 | +106.9% | -4.9% |
| 2024 | -22.2% | +13.4% |
| 2025 | +81.7% | -8.5% |
| 2026 | -26.4% | +88.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RKT and USO good diversifiers for each other?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
FAQ
What is the correlation between RKT and USO?
As of 2026-08-27, the correlation of weekly returns between RKT and USO is -0.29 over 3 years, -0.46 over 1 year and -0.14 over 5 years.
Is USO a good diversifier for RKT?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
What does a correlation of -0.29 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/rkt-vs-uso.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rkt-vs-uso/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RKT correlations · USO correlations
