GT vs HLF: Correlation
The Goodyear Tire & Rubber Company (GT) and Herbalife Ltd. (HLF) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GT and HLF?
Across a 3-year window, the weekly returns of GT and HLF correlate at 0.40, moderate. Recent behaviour matches the longer record: 0.35 over 1 year against 0.40 over 3. Stretching to 5 years gives 0.32, with an annualized covariance of 1163.1 %².
By 3-year correlation, HLF places #6 of the 11 assets tracked against GT. The last year tells two different stories: HLF led by 58.5 percentage points, -28.2% for GT against +30.3% for HLF.
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.
GT vs HLF: side by side
| GT (The Goodyear Tire & Rubber Company) | HLF (Herbalife Ltd.) | |
|---|---|---|
| 1-year return | -28.2% | +30.3% |
| 5-year return | -61.1% | -75.9% |
| Volatility (ann.) | 45.0% | 65.4% |
| Beta vs S&P 500 | 0.80 | 0.48 |
| Max drawdown (3Y) | -62.8% | -67.0% |
| Market cap | $1.8B | $1.3B |
| P/E (trailing) | – | 8.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GT | HLF |
|---|---|---|
| 2022 | -52.4% | -63.6% |
| 2023 | +41.1% | +2.6% |
| 2024 | -37.2% | -56.2% |
| 2025 | -2.7% | +92.7% |
| 2026 | -29.8% | -4.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GT and HLF good diversifiers for each other?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GT and HLF?
Using weekly returns as of 2026-08-27: 0.40 over 3 years, with 0.35 over the last year and 0.32 over 5 years.
Is HLF a good diversifier for GT?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.40 mean?
On the −1 to +1 scale, 0.40 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gt-vs-hlf.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gt-vs-hlf/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GT correlations · HLF correlations
