FIRY vs HELE: Correlation
Firy Inc. (FIRY) and Helen of Troy Limited (HELE) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FIRY and HELE?
On 3 years of weekly data the FIRY/HELE correlation comes out at 0.46, moderate. The link has tightened recently: the 1-year correlation (0.59) runs above the 3-year figure (0.46). The 5-year figure is 0.41, and annualized covariance runs at 2518.5 %².
HELE is one of the assets that tracks FIRY most closely: it ranks #3 out of the 16 assets we track against FIRY. Their 12-month results are close: +16.2% for FIRY against +15.4% for HELE. Risk is not evenly split, since FIRY carries 1.7 times the volatility of the other side.
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.
FIRY vs HELE: side by side
| FIRY (Firy Inc.) | HELE (Helen of Troy Limited) | |
|---|---|---|
| 1-year return | +16.2% | +15.4% |
| 5-year return | -95.2% | -87.9% |
| Volatility (ann.) | 95.3% | 57.0% |
| Beta vs S&P 500 | 2.29 | 1.05 |
| Max drawdown (3Y) | -74.9% | -89.0% |
| Market cap | $0.2B | $0.7B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FIRY | HELE |
|---|---|---|
| 2022 | -93.2% | -54.6% |
| 2023 | -38.3% | +8.9% |
| 2024 | -19.4% | -50.5% |
| 2025 | -14.3% | -64.5% |
| 2026 | +136.4% | +36.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FIRY and HELE good diversifiers for each other?
Reasonably. At 0.46, FIRY and HELE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between FIRY and HELE?
Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.59 over the last year and 0.41 over 5 years.
Is HELE a good diversifier for FIRY?
Reasonably. At 0.46, FIRY and HELE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.46 mean?
A reading of 0.46 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/firy-vs-hele.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/firy-vs-hele/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FIRY correlations · HELE correlations
