HUBS vs PCOR: Correlation
How closely do HubSpot, Inc. (HUBS) and Procore Technologies, Inc. (PCOR) trade together? Their weekly returns over three years give a correlation of 0.65, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HUBS and PCOR?
On 3 years of weekly data the HUBS/PCOR correlation comes out at 0.65, strong. Little has changed lately, as the 1-year reading of 0.71 lands near the 3-year figure. The 5-year figure is 0.72, and annualized covariance runs at 1528.9 %².
Few assets follow HUBS as closely as PCOR, which ranks #3 of 30 tracked partners. Correlation aside, the last 12 months split them widely, with PCOR ahead by 39.5 points (-45.5% versus -6.0%).
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.
HUBS vs PCOR: side by side
| HUBS (HubSpot, Inc.) | PCOR (Procore Technologies, Inc.) | |
|---|---|---|
| 1-year return | -45.5% | -6.0% |
| 5-year return | -63.5% | -32.7% |
| Volatility (ann.) | 50.4% | 46.4% |
| Beta vs S&P 500 | 1.18 | 1.31 |
| Max drawdown (3Y) | -79.2% | -56.6% |
| Market cap | $13.1B | $9.7B |
| P/E (trailing) | 90.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HUBS | PCOR |
|---|---|---|
| 2022 | -56.1% | -41.0% |
| 2023 | +100.8% | +46.7% |
| 2024 | +20.0% | +8.2% |
| 2025 | -42.4% | -2.9% |
| 2026 | -36.2% | -12.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HUBS and PCOR good diversifiers for each other?
Somewhat, no more. With 0.65 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between HUBS and PCOR?
As of 2026-08-27, the correlation of weekly returns between HUBS and PCOR is 0.65 over 3 years, 0.71 over 1 year and 0.72 over 5 years.
Is PCOR a good diversifier for HUBS?
Somewhat, no more. With 0.65 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.65 mean?
A reading of 0.65 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/hubs-vs-pcor.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hubs-vs-pcor/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HUBS correlations · PCOR correlations
