HTLD vs HUM: Correlation
How closely do Heartland Express, Inc. (HTLD) and Humana (HUM) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HTLD and HUM?
Over the past 3 years, HTLD and HUM moved with a correlation of 0.37, which is moderate. Recent behaviour matches the longer record: 0.43 over 1 year against 0.37 over 3. Over 5 years the correlation is 0.26, and the annualized covariance of weekly returns is 566.7 %².
Among the 15 assets we track against HTLD, HUM ranks #10 by 3-year correlation. On 12-month performance HTLD holds a 11.5-point edge, +45.5% against +34.0%.
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.
HTLD vs HUM: side by side
| HTLD (Heartland Express, Inc.) | HUM (Humana) | |
|---|---|---|
| 1-year return | +45.5% | +34.0% |
| 5-year return | -24.6% | +1.8% |
| Volatility (ann.) | 35.1% | 43.3% |
| Beta vs S&P 500 | 0.84 | 0.52 |
| Max drawdown (3Y) | -55.1% | -67.9% |
| Market cap | $1.0B | $47.1B |
| P/E (trailing) | – | 36.9 |
| Dividend yield | 0.64% | 0.91% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | HTLD | HUM |
|---|---|---|
| 2022 | -8.3% | +11.2% |
| 2023 | -6.5% | -9.9% |
| 2024 | -20.8% | -44.0% |
| 2025 | -18.8% | +2.4% |
| 2026 | +37.3% | +54.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HTLD and HUM good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between HTLD and HUM?
As of 2026-08-27, the correlation of weekly returns between HTLD and HUM is 0.37 over 3 years, 0.43 over 1 year and 0.26 over 5 years.
Is HUM a good diversifier for HTLD?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
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/htld-vs-hum.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/htld-vs-hum/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HTLD correlations · HUM correlations
