HVT vs SWIM: Correlation
Measured on weekly returns over the past three years, Haverty Furniture Companies, Inc. (HVT) and Latham Group, Inc. (SWIM) carry a correlation of 0.49, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HVT and SWIM?
Across a 3-year window, the weekly returns of HVT and SWIM correlate at 0.49, moderate. The past 12 months show a tighter link (0.72) than the 3-year average (0.49). Stretching to 5 years gives 0.38, with an annualized covariance of 1238.9 %².
By 3-year correlation, SWIM places #10 of the 17 assets tracked against HVT. The last year tells two different stories: HVT led by 41.6 percentage points, +26.5% for HVT against -15.1% for SWIM. Note the risk asymmetry: SWIM runs 2.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 SWIM: side by side
| HVT (Haverty Furniture Companies, Inc.) | SWIM (Latham Group, Inc.) | |
|---|---|---|
| 1-year return | +26.5% | -15.1% |
| 5-year return | +8.2% | -68.5% |
| Volatility (ann.) | 34.8% | 72.5% |
| Beta vs S&P 500 | 1.02 | 1.70 |
| Max drawdown (3Y) | -50.1% | -44.5% |
| Market cap | $0.4B | $0.8B |
| P/E (trailing) | 19.7 | 139.6 |
| Dividend yield | 4.81% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HVT | SWIM |
|---|---|---|
| 2022 | +4.8% | -87.1% |
| 2023 | +27.2% | -18.3% |
| 2024 | -34.4% | +164.6% |
| 2025 | +11.2% | -8.8% |
| 2026 | +22.2% | +9.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HVT and SWIM good diversifiers for each other?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between HVT and SWIM?
The HVT/SWIM correlation stands at 0.49 on a 3-year window (1 year: 0.72, 5 years: 0.38), computed from weekly returns as of 2026-08-27.
Is SWIM a good diversifier for HVT?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.49 mean?
A reading of 0.49 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-swim.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hvt-vs-swim/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HVT correlations · SWIM correlations
