PVH vs SJT: Correlation
PVH Corp. (PVH) and San Juan Basin Royalty Trust (SJT) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PVH and SJT?
Over the past 3 years, PVH and SJT moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.19 over 1 year against -0.21 over 3. Over 5 years the correlation is -0.00, and the annualized covariance of weekly returns is -386.4 %².
SJT is close to the least connected end of PVH's tracked universe, ranking #16 of 19. The last year tells two different stories: PVH led by 46.2 percentage points, -6.6% for PVH against -52.8% for SJT.
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.
PVH vs SJT: side by side
| PVH (PVH Corp.) | SJT (San Juan Basin Royalty Trust) | |
|---|---|---|
| 1-year return | -6.6% | -52.8% |
| 5-year return | -28.0% | -10.0% |
| Volatility (ann.) | 43.7% | 41.6% |
| Beta vs S&P 500 | 1.11 | 0.18 |
| Max drawdown (3Y) | -56.9% | -67.4% |
| Market cap | – | – |
| P/E (trailing) | 23.8 | – |
| Dividend yield | 0.19% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PVH | SJT |
|---|---|---|
| 2022 | -33.7% | +120.6% |
| 2023 | +73.3% | -50.0% |
| 2024 | -13.3% | -22.9% |
| 2025 | -36.5% | +46.7% |
| 2026 | +13.7% | -51.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PVH and SJT good diversifiers for each other?
Yes. With a correlation of -0.21, PVH and SJT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between PVH and SJT?
As of 2026-08-27, the correlation of weekly returns between PVH and SJT is -0.21 over 3 years, -0.19 over 1 year and -0.00 over 5 years.
Is SJT a good diversifier for PVH?
Yes. With a correlation of -0.21, PVH and SJT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/pvh-vs-sjt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/pvh-vs-sjt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: PVH correlations · SJT correlations
