PH correlations (Parker Hannifin)
Which assets move with PH and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Industrials · Industrial Machinery & Supplies & Components
Volatility (ann.)
26.6%
3y weekly
Beta vs S&P 500
1.16
3y weekly
1-year return
+32.8%
price, adjusted
5-year return
+256.4%
price, adjusted
Market cap
$127.5B
latest
P/E ratio
36.5
trailing
Dividend yield
0.71%
trailing
Max drawdown
-26.8%
3y, daily closes
PH over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with PH
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| XLI | Industrial Select Sector SPDR Fund | 0.79 | |
| ITT | ITT Inc. | 0.78 | |
| IR | Ingersoll Rand | 0.76 | |
| MDY | SPDR S&P MidCap 400 ETF | 0.72 | |
| DOV | Dover Corporation | 0.71 | |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.70 | |
| AME | Ametek | 0.69 | |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.69 | |
| VTV | Vanguard Value ETF | 0.69 | |
| VIG | Vanguard Dividend Appreciation ETF | 0.68 | |
| VYM | Vanguard High Dividend Yield ETF | 0.67 | |
| DGRO | iShares Core Dividend Growth ETF | 0.67 | |
| XLF | Financial Select Sector SPDR Fund | 0.67 | |
| GGG | Graco Inc. | 0.67 | |
| QUAL | iShares MSCI USA Quality Factor ETF | 0.67 |
Best diversifiers for PH
The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from PH.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.58 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.57 | |
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.44 | |
| QH | Quhuo Limited - Class A | -0.21 | |
| USO | United States Oil Fund | -0.21 | |
| EDSA | Edesa Biotech, Inc. | -0.20 | |
| ANTX | AN2 Therapeutics, Inc. | -0.19 | |
| LANV | Lanvin Group Holdings Limited | -0.19 | |
| TCRT | Alaunos Therapeutics, Inc. | -0.17 | |
| MLGO | MicroAlgo, Inc. | -0.17 |
PH vs benchmarks
PH vs its peers
Get PH data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/ph.jsonCorrelations, diversifiers, beta and volatility for PH, plus one endpoint per pair. API documentation.
PH inside major ETFs
| ETF | PH weight | |
|---|---|---|
| XLI | Industrial Select Sector SPDR Fund | 2.31% |
| VTV | Vanguard Value ETF | 0.46% |
| DGRO | iShares Core Dividend Growth ETF | 0.24% |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.22% |
| SPYG | SPDR Portfolio S&P 500 Growth ETF | 0.21% |
| IVV | iShares Core S&P 500 ETF | 0.2% |
| SPY | SPDR S&P 500 ETF Trust | 0.2% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.19% |
| VOO | Vanguard S&P 500 ETF | 0.19% |
| VTI | Vanguard Total Stock Market ETF | 0.17% |
