FVRR vs HII: Correlation
How closely do Fiverr International Ltd. (FVRR) and Huntington Ingalls Industries (HII) trade together? Their weekly returns over three years give a correlation of -0.19, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FVRR and HII?
Over the past 3 years, FVRR and HII moved with a correlation of -0.19, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.24 over 1 year against -0.19 over 3. Over 5 years the correlation is -0.04, and the annualized covariance of weekly returns is -331.9 %².
Out of 12 assets tracked against FVRR, HII lands near the bottom at #9. Correlation aside, the last 12 months split them widely, with HII ahead by 68.9 points (-59.5% versus +9.4%).
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.
FVRR vs HII: side by side
| FVRR (Fiverr International Ltd.) | HII (Huntington Ingalls Industries) | |
|---|---|---|
| 1-year return | -59.5% | +9.4% |
| 5-year return | -94.9% | +59.2% |
| Volatility (ann.) | 50.3% | 35.3% |
| Beta vs S&P 500 | 1.08 | 0.84 |
| Max drawdown (3Y) | -75.6% | -45.2% |
| Market cap | $0.3B | $11.7B |
| P/E (trailing) | 11.7 | 17.7 |
| Dividend yield | 0.00% | 1.85% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | FVRR | HII |
|---|---|---|
| 2022 | -74.4% | +26.3% |
| 2023 | -6.6% | +15.2% |
| 2024 | +16.6% | -25.7% |
| 2025 | -37.7% | +84.2% |
| 2026 | -52.5% | -11.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FVRR and HII good diversifiers for each other?
Yes. With a correlation of -0.19, FVRR and HII have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between FVRR and HII?
The FVRR/HII correlation stands at -0.19 on a 3-year window (1 year: -0.24, 5 years: -0.04), computed from weekly returns as of 2026-08-27.
Is HII a good diversifier for FVRR?
Yes. With a correlation of -0.19, FVRR and HII have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.19 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/fvrr-vs-hii.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/fvrr-vs-hii/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FVRR correlations · HII correlations
