HD vs ROST: Correlation
Home Depot (The) (HD) and Ross Stores (ROST) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HD and ROST?
Across a 3-year window, the weekly returns of HD and ROST correlate at 0.41, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.22 versus 0.41 over 3 years. Stretching to 5 years gives 0.48, with an annualized covariance of 232.0 %².
Among the 54 assets we track against HD, ROST ranks #38 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ROST ahead by 71.7 points (-17.4% versus +54.3%). This link changes with the market regime, having swung between 0.17 and 0.67 on a rolling one-year basis.
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.
HD vs ROST: side by side
| HD (Home Depot (The)) | ROST (Ross Stores) | |
|---|---|---|
| 1-year return | -17.4% | +54.3% |
| 5-year return | +13.8% | +105.0% |
| Volatility (ann.) | 23.6% | 24.0% |
| Beta vs S&P 500 | 0.87 | 0.66 |
| Max drawdown (3Y) | -28.8% | -21.1% |
| Market cap | $327.9B | $73.7B |
| P/E (trailing) | 23.4 | 27.8 |
| Dividend yield | 1.38% | 0.72% |
| Sector / category | Consumer Discretionary | Consumer Discretionary |
Year-by-year returns
| Year | HD | ROST |
|---|---|---|
| 2022 | -22.0% | +2.9% |
| 2023 | +12.8% | +20.6% |
| 2024 | +15.0% | +10.4% |
| 2025 | -9.3% | +20.4% |
| 2026 | -3.1% | +28.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HD and ROST good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between HD and ROST?
As of 2026-08-27, the correlation of weekly returns between HD and ROST is 0.41 over 3 years, 0.22 over 1 year and 0.48 over 5 years.
Is ROST a good diversifier for HD?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.41 mean?
On the −1 to +1 scale, 0.41 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/hd-vs-rost.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hd-vs-rost/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HD correlations · ROST correlations
