LQDT vs RH: Correlation
How closely do Liquidity Services, Inc. (LQDT) and RH (RH) trade together? Their weekly returns over three years give a correlation of 0.43, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LQDT and RH?
Over the past 3 years, LQDT and RH moved with a correlation of 0.43, which is moderate. Little has changed lately, as the 1-year reading of 0.41 lands near the 3-year figure. Over 5 years the correlation is 0.41, and the annualized covariance of weekly returns is 1292.9 %².
Few assets follow LQDT as closely as RH, which ranks #3 of 10 tracked partners. The last year tells two different stories: LQDT led by 95.5 percentage points, +59.0% for LQDT against -36.5% for RH. Risk is not evenly split, since RH carries 1.5 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.
LQDT vs RH: side by side
| LQDT (Liquidity Services, Inc.) | RH (RH) | |
|---|---|---|
| 1-year return | +59.0% | -36.5% |
| 5-year return | +66.3% | -79.8% |
| Volatility (ann.) | 44.8% | 67.4% |
| Beta vs S&P 500 | 0.89 | 2.60 |
| Max drawdown (3Y) | -41.1% | -75.2% |
| Market cap | $1.3B | $2.7B |
| P/E (trailing) | 41.0 | 28.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LQDT | RH |
|---|---|---|
| 2022 | -36.3% | -50.1% |
| 2023 | +22.4% | +9.1% |
| 2024 | +87.6% | +35.0% |
| 2025 | -6.1% | -54.5% |
| 2026 | +37.9% | -19.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LQDT and RH good diversifiers for each other?
Reasonably. At 0.43, LQDT and RH keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between LQDT and RH?
Using weekly returns as of 2026-08-27: 0.43 over 3 years, with 0.41 over the last year and 0.41 over 5 years.
Is RH a good diversifier for LQDT?
Reasonably. At 0.43, LQDT and RH keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 mean?
A reading of 0.43 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/lqdt-vs-rh.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lqdt-vs-rh/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LQDT correlations · RH correlations
