HUBG vs ROST: Correlation
How closely do Hub Group, Inc. (HUBG) and Ross Stores (ROST) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HUBG and ROST?
Across a 3-year window, the weekly returns of HUBG and ROST correlate at 0.44, moderate. Recent behaviour matches the longer record: 0.52 over 1 year against 0.44 over 3. Stretching to 5 years gives 0.34, with an annualized covariance of 358.8 %².
Within HUBG's tracked universe of 21 assets, ROST comes in at #15 by 3-year correlation. The last year tells two different stories: ROST led by 44.2 percentage points, +10.1% for HUBG against +54.3% for ROST.
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.
HUBG vs ROST: side by side
| HUBG (Hub Group, Inc.) | ROST (Ross Stores) | |
|---|---|---|
| 1-year return | +10.1% | +54.3% |
| 5-year return | +17.3% | +105.0% |
| Volatility (ann.) | 34.2% | 24.0% |
| Beta vs S&P 500 | 1.10 | 0.66 |
| Max drawdown (3Y) | -40.8% | -21.1% |
| Market cap | $2.4B | $73.7B |
| P/E (trailing) | 23.0 | 27.8 |
| Dividend yield | 1.25% | 0.72% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | HUBG | ROST |
|---|---|---|
| 2022 | -5.6% | +2.9% |
| 2023 | +15.7% | +20.6% |
| 2024 | -2.0% | +10.4% |
| 2025 | -3.1% | +20.4% |
| 2026 | -5.6% | +28.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HUBG and ROST good diversifiers for each other?
Reasonably. At 0.44, HUBG and ROST keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between HUBG and ROST?
Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.52 over the last year and 0.34 over 5 years.
Is ROST a good diversifier for HUBG?
Reasonably. At 0.44, HUBG and ROST keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.44 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/hubg-vs-rost.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hubg-vs-rost/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HUBG correlations · ROST correlations
