ADUS vs SWIM: Correlation
How closely do Addus HomeCare Corporation (ADUS) and Latham Group, Inc. (SWIM) trade together? Their weekly returns over three years give a correlation of 0.46, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADUS and SWIM?
Across a 3-year window, the weekly returns of ADUS and SWIM correlate at 0.46, moderate. Little has changed lately, as the 1-year reading of 0.40 lands near the 3-year figure. Stretching to 5 years gives 0.33, with an annualized covariance of 899.3 %².
Few assets follow ADUS as closely as SWIM, which ranks #1 of 11 tracked partners. Correlation aside, the last 12 months split them widely, with ADUS ahead by 17.3 points (+2.2% versus -15.1%). Note the risk asymmetry: SWIM runs 2.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
ADUS vs SWIM: side by side
| ADUS (Addus HomeCare Corporation) | SWIM (Latham Group, Inc.) | |
|---|---|---|
| 1-year return | +2.2% | -15.1% |
| 5-year return | +31.2% | -68.5% |
| Volatility (ann.) | 27.2% | 72.5% |
| Beta vs S&P 500 | 0.41 | 1.70 |
| Max drawdown (3Y) | -34.9% | -44.5% |
| Market cap | $2.2B | $0.8B |
| P/E (trailing) | 20.7 | 139.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ADUS | SWIM |
|---|---|---|
| 2022 | +6.4% | -87.1% |
| 2023 | -6.7% | -18.3% |
| 2024 | +35.0% | +164.6% |
| 2025 | -14.3% | -8.8% |
| 2026 | +9.9% | +9.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADUS and SWIM good diversifiers for each other?
Reasonably. At 0.46, ADUS and SWIM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ADUS and SWIM?
Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.40 over the last year and 0.33 over 5 years.
Is SWIM a good diversifier for ADUS?
Reasonably. At 0.46, ADUS and SWIM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.46 mean?
On the −1 to +1 scale, 0.46 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/adus-vs-swim.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/adus-vs-swim/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ADUS correlations · SWIM correlations
