FIVE vs YHGJ: Correlation
Measured on weekly returns over the past three years, Five Below, Inc. (FIVE) and Yunhong Green CTI Ltd. (YHGJ) carry a correlation of -0.27, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FIVE and YHGJ?
Across a 3-year window, the weekly returns of FIVE and YHGJ correlate at -0.27, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.39 versus -0.27 over 3 years. Stretching to 5 years gives -0.17, with an annualized covariance of -1241.7 %².
Out of 13 assets tracked against FIVE, YHGJ lands near the bottom at #11. Correlation aside, the last 12 months split them widely, with FIVE ahead by 115.9 points (+71.0% versus -44.9%). Note the risk asymmetry: YHGJ runs 1.8 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
FIVE vs YHGJ: side by side
| FIVE (Five Below, Inc.) | YHGJ (Yunhong Green CTI Ltd.) | |
|---|---|---|
| 1-year return | +71.0% | -44.9% |
| 5-year return | +15.1% | -85.6% |
| Volatility (ann.) | 50.8% | 90.5% |
| Beta vs S&P 500 | 1.42 | -0.69 |
| Max drawdown (3Y) | -74.1% | -91.7% |
| Market cap | $13.7B | – |
| P/E (trailing) | 31.2 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FIVE | YHGJ |
|---|---|---|
| 2022 | -14.5% | -12.6% |
| 2023 | +20.5% | +105.8% |
| 2024 | -50.8% | -74.3% |
| 2025 | +79.5% | -34.0% |
| 2026 | +31.1% | -19.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FIVE and YHGJ good diversifiers for each other?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between FIVE and YHGJ?
As of 2026-08-27, the correlation of weekly returns between FIVE and YHGJ is -0.27 over 3 years, -0.39 over 1 year and -0.17 over 5 years.
Is YHGJ a good diversifier for FIVE?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.27 mean?
A reading of -0.27 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/five-vs-yhgj.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/five-vs-yhgj/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FIVE correlations · YHGJ correlations
