CLH vs RSG: Correlation
Measured on weekly returns over the past three years, Clean Harbors, Inc. (CLH) and Republic Services (RSG) carry a correlation of 0.43, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CLH and RSG?
On 3 years of weekly data the CLH/RSG correlation comes out at 0.43, moderate. Little has changed lately, as the 1-year reading of 0.47 lands near the 3-year figure. The 5-year figure is 0.42, and annualized covariance runs at 165.6 %².
Among the 17 assets we track against CLH, RSG ranks #8 by 3-year correlation. The last year tells two different stories: CLH led by 32.6 percentage points, +27.0% for CLH against -5.6% for RSG.
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.
CLH vs RSG: side by side
| CLH (Clean Harbors, Inc.) | RSG (Republic Services) | |
|---|---|---|
| 1-year return | +27.0% | -5.6% |
| 5-year return | +204.2% | +87.9% |
| Volatility (ann.) | 23.8% | 16.2% |
| Beta vs S&P 500 | 0.66 | 0.17 |
| Max drawdown (3Y) | -30.9% | -22.5% |
| Market cap | $16.5B | $67.1B |
| P/E (trailing) | 37.8 | 31.0 |
| Dividend yield | 0.00% | 1.13% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | CLH | RSG |
|---|---|---|
| 2022 | +14.4% | -6.2% |
| 2023 | +52.9% | +29.6% |
| 2024 | +31.9% | +23.0% |
| 2025 | +1.9% | +6.4% |
| 2026 | +33.0% | +4.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CLH and RSG good diversifiers for each other?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CLH and RSG?
Using weekly returns as of 2026-08-27: 0.43 over 3 years, with 0.47 over the last year and 0.42 over 5 years.
Is RSG a good diversifier for CLH?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.43 mean?
A reading of 0.43 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/clh-vs-rsg.json
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Related comparisons
Hubs: CLH correlations · RSG correlations
