HLF vs USNA: Correlation
Herbalife Ltd. (HLF) and USANA Health Sciences, Inc. (USNA) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HLF and USNA?
Across a 3-year window, the weekly returns of HLF and USNA correlate at 0.37, moderate. Little has changed lately, as the 1-year reading of 0.37 lands near the 3-year figure. Stretching to 5 years gives 0.39, with an annualized covariance of 1026.8 %².
By 3-year correlation, USNA places #5 of the 12 assets tracked against HLF. Correlation aside, the last 12 months split them widely, with HLF ahead by 86.4 points (+30.3% versus -56.1%). Note the risk asymmetry: HLF runs 1.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 USNA: side by side
| HLF (Herbalife Ltd.) | USNA (USANA Health Sciences, Inc.) | |
|---|---|---|
| 1-year return | +30.3% | -56.1% |
| 5-year return | -75.9% | -85.5% |
| Volatility (ann.) | 65.4% | 42.6% |
| Beta vs S&P 500 | 0.48 | 0.90 |
| Max drawdown (3Y) | -67.0% | -80.1% |
| Market cap | $1.3B | $0.3B |
| P/E (trailing) | 8.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HLF | USNA |
|---|---|---|
| 2022 | -63.6% | -47.4% |
| 2023 | +2.6% | +0.8% |
| 2024 | -56.2% | -33.0% |
| 2025 | +92.7% | -45.3% |
| 2026 | -4.2% | -28.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HLF and USNA good diversifiers for each other?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between HLF and USNA?
As of 2026-08-27, the correlation of weekly returns between HLF and USNA is 0.37 over 3 years, 0.37 over 1 year and 0.39 over 5 years.
Is USNA a good diversifier for HLF?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.37 mean?
A reading of 0.37 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/hlf-vs-usna.json
Markdown for the live badge, attribution link included:
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Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: HLF correlations · USNA correlations
