DORM vs HLMN: Correlation
Dorman Products, Inc. (DORM) and Hillman Solutions Corp. (HLMN) show a moderate relationship: their 3-year correlation of weekly returns is 0.59.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DORM and HLMN?
Across a 3-year window, the weekly returns of DORM and HLMN correlate at 0.59, moderate. Little has changed lately, as the 1-year reading of 0.50 lands near the 3-year figure. Stretching to 5 years gives 0.47, with an annualized covariance of 677.2 %².
Within DORM's tracked universe of 14 assets, HLMN comes in at #4 by 3-year correlation. Twelve-month performance is nearly a tie, at -21.6% for DORM and -21.3% for HLMN.
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.
DORM vs HLMN: side by side
| DORM (Dorman Products, Inc.) | HLMN (Hillman Solutions Corp.) | |
|---|---|---|
| 1-year return | -21.6% | -21.3% |
| 5-year return | +34.2% | -33.4% |
| Volatility (ann.) | 31.5% | 36.7% |
| Beta vs S&P 500 | 0.78 | 1.01 |
| Max drawdown (3Y) | -39.6% | -42.3% |
| Market cap | $3.8B | $1.5B |
| P/E (trailing) | 17.9 | 39.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DORM | HLMN |
|---|---|---|
| 2022 | -28.4% | -32.9% |
| 2023 | +3.1% | +27.7% |
| 2024 | +55.3% | +5.8% |
| 2025 | -4.9% | -11.1% |
| 2026 | +4.1% | -9.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DORM and HLMN good diversifiers for each other?
To a limited degree. At 0.59 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between DORM and HLMN?
Using weekly returns as of 2026-08-27: 0.59 over 3 years, with 0.50 over the last year and 0.47 over 5 years.
Is HLMN a good diversifier for DORM?
To a limited degree. At 0.59 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.59 mean?
A reading of 0.59 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/dorm-vs-hlmn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dorm-vs-hlmn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DORM correlations · HLMN correlations
