EPAC vs HLIO: Correlation
How closely do Enerpac Tool Group Corp. (EPAC) and Helios Technologies, Inc. (HLIO) trade together? Their weekly returns over three years give a correlation of 0.51, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EPAC and HLIO?
On 3 years of weekly data the EPAC/HLIO correlation comes out at 0.51, moderate. The relationship has been stable: the 1-year correlation (0.58) sits close to the 3-year figure. The 5-year figure is 0.47, and annualized covariance runs at 627.2 %².
By 3-year correlation, HLIO places #5 of the 10 assets tracked against EPAC. The last year tells two different stories: HLIO led by 50.1 percentage points, -12.3% for EPAC against +37.8% for HLIO.
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.
EPAC vs HLIO: side by side
| EPAC (Enerpac Tool Group Corp.) | HLIO (Helios Technologies, Inc.) | |
|---|---|---|
| 1-year return | -12.3% | +37.8% |
| 5-year return | +50.0% | -5.7% |
| Volatility (ann.) | 28.6% | 42.8% |
| Beta vs S&P 500 | 0.80 | 1.18 |
| Max drawdown (3Y) | -36.1% | -55.9% |
| Market cap | $1.9B | $2.5B |
| P/E (trailing) | 21.4 | 34.9 |
| Dividend yield | 0.11% | 0.56% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EPAC | HLIO |
|---|---|---|
| 2022 | +25.7% | -48.0% |
| 2023 | +22.3% | -16.2% |
| 2024 | +32.3% | -0.8% |
| 2025 | -6.8% | +21.0% |
| 2026 | -1.9% | +39.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EPAC and HLIO good diversifiers for each other?
To a limited degree. At 0.51 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 EPAC and HLIO?
As of 2026-08-27, the correlation of weekly returns between EPAC and HLIO is 0.51 over 3 years, 0.58 over 1 year and 0.47 over 5 years.
Is HLIO a good diversifier for EPAC?
To a limited degree. At 0.51 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 0.51 mean?
A reading of 0.51 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/epac-vs-hlio.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/epac-vs-hlio/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: EPAC correlations · HLIO correlations
