HLF vs NUS: Correlation
Measured on weekly returns over the past three years, Herbalife Ltd. (HLF) and Nu Skin Enterprises, Inc. (NUS) carry a correlation of 0.45, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HLF and NUS?
Over the past 3 years, HLF and NUS moved with a correlation of 0.45, which is moderate. Little has changed lately, as the 1-year reading of 0.42 lands near the 3-year figure. Over 5 years the correlation is 0.44, and the annualized covariance of weekly returns is 1570.1 %².
In HLF's tracked universe of 12 assets, NUS sits right near the top at #1. The last year tells two different stories: HLF led by 89.9 percentage points, +30.3% for HLF against -59.6% for NUS.
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.
HLF vs NUS: side by side
| HLF (Herbalife Ltd.) | NUS (Nu Skin Enterprises, Inc.) | |
|---|---|---|
| 1-year return | +30.3% | -59.6% |
| 5-year return | -75.9% | -88.8% |
| Volatility (ann.) | 65.4% | 53.9% |
| Beta vs S&P 500 | 0.48 | 0.97 |
| Max drawdown (3Y) | -67.0% | -79.1% |
| Market cap | $1.3B | $0.2B |
| P/E (trailing) | 8.0 | – |
| Dividend yield | 0.00% | 4.96% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HLF | NUS |
|---|---|---|
| 2022 | -63.6% | -13.9% |
| 2023 | +2.6% | -51.1% |
| 2024 | -56.2% | -63.7% |
| 2025 | +92.7% | +43.3% |
| 2026 | -4.2% | -49.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HLF and NUS good diversifiers for each other?
Reasonably. At 0.45, HLF and NUS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between HLF and NUS?
Using weekly returns as of 2026-08-27: 0.45 over 3 years, with 0.42 over the last year and 0.44 over 5 years.
Is NUS a good diversifier for HLF?
Reasonably. At 0.45, HLF and NUS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.45 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/hlf-vs-nus.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/hlf-vs-nus/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HLF correlations · NUS correlations
