JBHT vs YHGJ: Correlation
J.B. Hunt (JBHT) and Yunhong Green CTI Ltd. (YHGJ) show a negative relationship: their 3-year correlation of weekly returns is -0.20.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JBHT and YHGJ?
On 3 years of weekly data the JBHT/YHGJ correlation comes out at -0.20, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.31) than the 3-year average (-0.20). The 5-year figure is -0.08, and annualized covariance runs at -556.7 %².
Out of 36 assets tracked against JBHT, YHGJ lands near the bottom at #33. The last year tells two different stories: JBHT led by 127.0 percentage points, +82.1% for JBHT against -44.9% for YHGJ. Risk is not evenly split, since YHGJ carries 3.0 times the volatility of the other side.
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.
JBHT vs YHGJ: side by side
| JBHT (J.B. Hunt) | YHGJ (Yunhong Green CTI Ltd.) | |
|---|---|---|
| 1-year return | +82.1% | -44.9% |
| 5-year return | +51.0% | -85.6% |
| Volatility (ann.) | 30.0% | 90.5% |
| Beta vs S&P 500 | 0.93 | -0.69 |
| Max drawdown (3Y) | -42.4% | -91.7% |
| Market cap | $24.7B | – |
| P/E (trailing) | 37.5 | – |
| Dividend yield | 0.68% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | JBHT | YHGJ |
|---|---|---|
| 2022 | -13.9% | -12.6% |
| 2023 | +15.6% | +105.8% |
| 2024 | -13.8% | -74.3% |
| 2025 | +15.2% | -34.0% |
| 2026 | +36.3% | -19.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JBHT and YHGJ good diversifiers for each other?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
FAQ
What is the correlation between JBHT and YHGJ?
The JBHT/YHGJ correlation stands at -0.20 on a 3-year window (1 year: -0.31, 5 years: -0.08), computed from weekly returns as of 2026-08-27.
Is YHGJ a good diversifier for JBHT?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
What does a correlation of -0.20 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/jbht-vs-yhgj.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/jbht-vs-yhgj/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: JBHT correlations · YHGJ correlations
