HVT vs SBH: Correlation
Measured on weekly returns over the past three years, Haverty Furniture Companies, Inc. (HVT) and Sally Beauty Holdings, Inc. Commo (SBH) carry a correlation of 0.53, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HVT and SBH?
On 3 years of weekly data the HVT/SBH correlation comes out at 0.53, moderate. The relationship has been stable: the 1-year correlation (0.61) sits close to the 3-year figure. The 5-year figure is 0.53, and annualized covariance runs at 841.9 %².
Among the 17 assets we track against HVT, SBH ranks #8 by 3-year correlation. The trailing year gives HVT the advantage: +26.5% versus +16.5%, a 10.0-point spread.
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 SBH: side by side
| HVT (Haverty Furniture Companies, Inc.) | SBH (Sally Beauty Holdings, Inc. Commo) | |
|---|---|---|
| 1-year return | +26.5% | +16.5% |
| 5-year return | +8.2% | -12.3% |
| Volatility (ann.) | 34.8% | 45.3% |
| Beta vs S&P 500 | 1.02 | 1.15 |
| Max drawdown (3Y) | -50.1% | -45.2% |
| Market cap | $0.4B | $1.5B |
| P/E (trailing) | 19.7 | 8.6 |
| Dividend yield | 4.81% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HVT | SBH |
|---|---|---|
| 2022 | +4.8% | -32.2% |
| 2023 | +27.2% | +6.1% |
| 2024 | -34.4% | -21.3% |
| 2025 | +11.2% | +36.5% |
| 2026 | +22.2% | +15.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HVT and SBH good diversifiers for each other?
Only partially. A correlation of 0.53 means HVT and SBH share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between HVT and SBH?
Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.61 over the last year and 0.53 over 5 years.
Is SBH a good diversifier for HVT?
Only partially. A correlation of 0.53 means HVT and SBH share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.53 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/hvt-vs-sbh.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/hvt-vs-sbh/)
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Related comparisons
Hubs: HVT correlations · SBH correlations
