HII vs QRVO: Correlation
Huntington Ingalls Industries (HII) and Qorvo, Inc. (QRVO) 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 HII and QRVO?
Across a 3-year window, the weekly returns of HII and QRVO correlate at 0.41, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.01 versus 0.41 over 3 years. Stretching to 5 years gives 0.36, with an annualized covariance of 606.0 %².
By 3-year correlation, QRVO places #11 of the 28 assets tracked against HII. Twelve-month performance is nearly a tie, at +9.4% for HII and +4.6% for QRVO.
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.
HII vs QRVO: side by side
| HII (Huntington Ingalls Industries) | QRVO (Qorvo, Inc.) | |
|---|---|---|
| 1-year return | +9.4% | +4.6% |
| 5-year return | +59.2% | -49.6% |
| Volatility (ann.) | 35.3% | 41.4% |
| Beta vs S&P 500 | 0.84 | 1.53 |
| Max drawdown (3Y) | -45.2% | -60.7% |
| Market cap | $11.7B | $8.5B |
| P/E (trailing) | 17.7 | 22.1 |
| Dividend yield | 1.85% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | HII | QRVO |
|---|---|---|
| 2022 | +26.3% | -42.0% |
| 2023 | +15.2% | +24.2% |
| 2024 | -25.7% | -37.9% |
| 2025 | +84.2% | +20.8% |
| 2026 | -11.9% | +13.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HII and QRVO good diversifiers for each other?
Reasonably. At 0.41, HII and QRVO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between HII and QRVO?
As of 2026-08-27, the correlation of weekly returns between HII and QRVO is 0.41 over 3 years, 0.01 over 1 year and 0.36 over 5 years.
Is QRVO a good diversifier for HII?
Reasonably. At 0.41, HII and QRVO keep a meaningful degree of independence, and combining them has historically reduced portfolio 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/hii-vs-qrvo.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/hii-vs-qrvo/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HII correlations · QRVO correlations
