HVT vs RPM: Correlation
Measured on weekly returns over the past three years, Haverty Furniture Companies, Inc. (HVT) and RPM International Inc. (RPM) carry a correlation of 0.61, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HVT and RPM?
On 3 years of weekly data the HVT/RPM correlation comes out at 0.61, strong. Lately the two have moved closer together, with the 1-year correlation at 0.72 versus 0.61 over 3 years. The 5-year figure is 0.49, and annualized covariance runs at 533.5 %².
Among the 17 assets we track against HVT, RPM ranks #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months HVT outperformed by 40.8 percentage points (+26.5% for HVT against -14.3% for RPM).
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.
HVT vs RPM: side by side
| HVT (Haverty Furniture Companies, Inc.) | RPM (RPM International Inc.) | |
|---|---|---|
| 1-year return | +26.5% | -14.3% |
| 5-year return | +8.2% | +38.7% |
| Volatility (ann.) | 34.8% | 25.0% |
| Beta vs S&P 500 | 1.02 | 0.85 |
| Max drawdown (3Y) | -50.1% | -32.0% |
| Market cap | $0.4B | $13.5B |
| P/E (trailing) | 19.7 | 20.7 |
| Dividend yield | 4.81% | 1.99% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HVT | RPM |
|---|---|---|
| 2022 | +4.8% | -1.7% |
| 2023 | +27.2% | +16.8% |
| 2024 | -34.4% | +12.1% |
| 2025 | +11.2% | -13.9% |
| 2026 | +22.2% | +3.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HVT and RPM good diversifiers for each other?
Somewhat, no more. With 0.61 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between HVT and RPM?
The HVT/RPM correlation stands at 0.61 on a 3-year window (1 year: 0.72, 5 years: 0.49), computed from weekly returns as of 2026-08-27.
Is RPM a good diversifier for HVT?
Somewhat, no more. With 0.61 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.61 mean?
A reading of 0.61 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/hvt-vs-rpm.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/hvt-vs-rpm/)
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Related comparisons
Hubs: HVT correlations · RPM correlations
