BRLT vs HLLY: Correlation
How closely do Brilliant Earth Group, Inc. (BRLT) and Holley Inc. (HLLY) trade together? Their weekly returns over three years give a correlation of 0.41, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRLT and HLLY?
Across a 3-year window, the weekly returns of BRLT and HLLY correlate at 0.41, moderate. Little has changed lately, as the 1-year reading of 0.41 lands near the 3-year figure. Stretching to 5 years gives 0.29, with an annualized covariance of 1625.3 %².
In BRLT's tracked universe of 12 assets, HLLY sits right near the top at #2. Correlation aside, the last 12 months split them widely, with HLLY ahead by 28.3 points (-53.7% versus -25.4%).
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.
BRLT vs HLLY: side by side
| BRLT (Brilliant Earth Group, Inc.) | HLLY (Holley Inc.) | |
|---|---|---|
| 1-year return | -53.7% | -25.4% |
| 5-year return | -91.4% | -74.8% |
| Volatility (ann.) | 66.7% | 60.1% |
| Beta vs S&P 500 | 1.29 | 1.33 |
| Max drawdown (3Y) | -68.9% | -70.2% |
| Market cap | $0.1B | $0.4B |
| P/E (trailing) | – | 33.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BRLT | HLLY |
|---|---|---|
| 2022 | -76.1% | -83.7% |
| 2023 | -13.7% | +129.7% |
| 2024 | -43.5% | -38.0% |
| 2025 | -6.3% | +36.8% |
| 2026 | -25.1% | -28.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRLT and HLLY good diversifiers for each other?
Reasonably. At 0.41, BRLT and HLLY keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BRLT and HLLY?
The BRLT/HLLY correlation stands at 0.41 on a 3-year window (1 year: 0.41, 5 years: 0.29), computed from weekly returns as of 2026-08-27.
Is HLLY a good diversifier for BRLT?
Reasonably. At 0.41, BRLT and HLLY keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 mean?
A reading of 0.41 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/brlt-vs-hlly.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/brlt-vs-hlly/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BRLT correlations · HLLY correlations
