HAYW vs PSIG: Correlation
Hayward Holdings, Inc. (HAYW) and PS International Group Ltd. (PSIG) show a negative relationship: their 3-year correlation of weekly returns is -0.29.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HAYW and PSIG?
Over the past 3 years, HAYW and PSIG moved with a correlation of -0.29, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.24 lands near the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -1409.1 %².
Out of 14 assets tracked against HAYW, PSIG lands near the bottom at #12. Correlation aside, the last 12 months split them widely, with HAYW ahead by 41.5 points (-12.4% versus -53.9%). One caveat on sizing: PSIG is 5.0 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
HAYW vs PSIG: side by side
| HAYW (Hayward Holdings, Inc.) | PSIG (PS International Group Ltd.) | |
|---|---|---|
| 1-year return | -12.4% | -53.9% |
| 5-year return | -33.8% | n/a |
| Volatility (ann.) | 31.5% | 157.0% |
| Beta vs S&P 500 | 0.91 | 0.97 |
| Max drawdown (3Y) | -31.8% | -96.0% |
| Market cap | $3.0B | – |
| P/E (trailing) | 20.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HAYW | PSIG |
|---|---|---|
| 2022 | -64.2% | – |
| 2023 | +44.7% | – |
| 2024 | +12.4% | – |
| 2025 | +1.0% | +8.3% |
| 2026 | -7.8% | -62.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HAYW and PSIG good diversifiers for each other?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
FAQ
What is the correlation between HAYW and PSIG?
Using weekly returns as of 2026-08-27: -0.29 over 3 years, with -0.24 over the last year and n/a over 5 years.
Is PSIG a good diversifier for HAYW?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
What does a correlation of -0.29 mean?
On the −1 to +1 scale, -0.29 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/hayw-vs-psig.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/hayw-vs-psig/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HAYW correlations · PSIG correlations
