HD vs YHGJ: Correlation
Home Depot (The) (HD) and Yunhong Green CTI Ltd. (YHGJ) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HD and YHGJ?
On 3 years of weekly data the HD/YHGJ correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.16 over 1 year against -0.21 over 3. The 5-year figure is -0.09, and annualized covariance runs at -442.6 %².
Within HD's tracked universe of 54 assets, YHGJ comes in at #46 by 3-year correlation. The last year tells two different stories: HD led by 27.5 percentage points, -17.4% for HD against -44.9% for YHGJ. Risk is not evenly split, since YHGJ carries 3.8 times the volatility of the other side.
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 YHGJ: side by side
| HD (Home Depot (The)) | YHGJ (Yunhong Green CTI Ltd.) | |
|---|---|---|
| 1-year return | -17.4% | -44.9% |
| 5-year return | +13.8% | -85.6% |
| Volatility (ann.) | 23.6% | 90.5% |
| Beta vs S&P 500 | 0.87 | -0.69 |
| Max drawdown (3Y) | -28.8% | -91.7% |
| Market cap | $327.9B | – |
| P/E (trailing) | 23.4 | – |
| Dividend yield | 1.38% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | HD | YHGJ |
|---|---|---|
| 2022 | -22.0% | -12.6% |
| 2023 | +12.8% | +105.8% |
| 2024 | +15.0% | -74.3% |
| 2025 | -9.3% | -34.0% |
| 2026 | -3.1% | -19.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HD and YHGJ good diversifiers for each other?
Yes. With a correlation of -0.21, HD and YHGJ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between HD and YHGJ?
The HD/YHGJ correlation stands at -0.21 on a 3-year window (1 year: -0.16, 5 years: -0.09), computed from weekly returns as of 2026-08-27.
Is YHGJ a good diversifier for HD?
Yes. With a correlation of -0.21, HD and YHGJ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 mean?
A reading of -0.21 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/hd-vs-yhgj.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hd-vs-yhgj/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HD correlations · YHGJ correlations
