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HUBS vs PETZ: Correlation

HubSpot, Inc. (HUBS) and TDH Holdings, Inc. (PETZ) show a negative relationship: their 3-year correlation of weekly returns is -0.24.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.24
negative
Correlation (1Y)
-0.27
last 12 months
Correlation (5Y)
0.09
long-run
Ann. covariance
-694.7
%² · weekly, annualized

How correlated are HUBS and PETZ?

On 3 years of weekly data the HUBS/PETZ correlation comes out at -0.24, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.27 over 1 year against -0.24 over 3. The 5-year figure is 0.09, and annualized covariance runs at -694.7 %².

Among the 30 assets we track against HUBS, PETZ sits near the bottom by co-movement, at rank #26. Their recent paths diverged sharply: over the last 12 months PETZ outperformed by 72.9 percentage points (-45.5% for HUBS against +27.4% for PETZ).

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 PETZ: side by side

HUBS (HubSpot, Inc.)PETZ (TDH Holdings, Inc.)
1-year return-45.5%+27.4%
5-year return-63.5%-97.2%
Volatility (ann.)50.4%58.5%
Beta vs S&P 5001.180.40
Max drawdown (3Y)-79.2%-51.2%
Market cap$13.1B
P/E (trailing)90.76.9
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: PETZ 6.9 vs 90.7Smaller drawdown: PETZ -51.2% vs -79.2%Higher 5y return: HUBS -63.5% vs -97.2%
-64%0%+55%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). HUBS · PETZ

Year-by-year returns

YearHUBSPETZ
2022-56.1%-98.0%
2023+100.8%-25.8%
2024+20.0%+8.7%
2025-42.4%-27.2%
2026-36.2%+37.4%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are HUBS and PETZ good diversifiers for each other?

By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.

FAQ

What is the correlation between HUBS and PETZ?

As of 2026-08-27, the correlation of weekly returns between HUBS and PETZ is -0.24 over 3 years, -0.27 over 1 year and 0.09 over 5 years.

Is PETZ a good diversifier for HUBS?

By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.

What does a correlation of -0.24 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.

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HUBS vs PETZ: 3-year weekly correlation -0.24HUBS vs PETZ-0.24

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Related comparisons

Hubs: HUBS correlations · PETZ correlations