BIRK vs PVH: Correlation
Measured on weekly returns over the past three years, Birkenstock Holding plc (BIRK) and PVH Corp. (PVH) carry a correlation of 0.49, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BIRK and PVH?
Over the past 3 years, BIRK and PVH moved with a correlation of 0.49, which is moderate. Recent behaviour matches the longer record: 0.53 over 1 year against 0.49 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 983.8 %².
PVH is one of the assets that tracks BIRK most closely: it ranks #3 out of the 15 assets we track against BIRK. Their recent paths diverged sharply: over the last 12 months PVH outperformed by 25.7 percentage points (-32.3% for BIRK against -6.6% for PVH).
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.
BIRK vs PVH: side by side
| BIRK (Birkenstock Holding plc) | PVH (PVH Corp.) | |
|---|---|---|
| 1-year return | -32.3% | -6.6% |
| 5-year return | n/a | -28.0% |
| Volatility (ann.) | 45.5% | 43.7% |
| Beta vs S&P 500 | 1.18 | 1.11 |
| Max drawdown (3Y) | -50.9% | -56.9% |
| Market cap | $5.8B | – |
| P/E (trailing) | 17.0 | 23.8 |
| Dividend yield | 0.00% | 0.19% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BIRK | PVH |
|---|---|---|
| 2022 | – | -33.7% |
| 2023 | – | +73.3% |
| 2024 | +16.3% | -13.3% |
| 2025 | -27.8% | -36.5% |
| 2026 | -13.7% | +13.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BIRK and PVH good diversifiers for each other?
Reasonably. At 0.49, BIRK and PVH keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BIRK and PVH?
Using weekly returns as of 2026-08-27: 0.49 over 3 years, with 0.53 over the last year and n/a over 5 years.
Is PVH a good diversifier for BIRK?
Reasonably. At 0.49, BIRK and PVH keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.49 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/birk-vs-pvh.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/birk-vs-pvh/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BIRK correlations · PVH correlations
