ADAM vs MFA: Correlation
Measured on weekly returns over the past three years, Adamas Trust, Inc. (ADAM) and MFA Financial, Inc. (MFA) carry a correlation of 0.61, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADAM and MFA?
On 3 years of weekly data the ADAM/MFA correlation comes out at 0.61, strong. Little has changed lately, as the 1-year reading of 0.67 lands near the 3-year figure. The 5-year figure is 0.70, and annualized covariance runs at 512.3 %².
Few assets follow ADAM as closely as MFA, which ranks #3 of 12 tracked partners. The last year tells two different stories: ADAM led by 54.4 percentage points, +57.2% for ADAM against +2.8% for MFA.
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.
ADAM vs MFA: side by side
| ADAM (Adamas Trust, Inc.) | MFA (MFA Financial, Inc.) | |
|---|---|---|
| 1-year return | +57.2% | +2.8% |
| 5-year return | +6.4% | -8.1% |
| Volatility (ann.) | 32.7% | 25.6% |
| Beta vs S&P 500 | 0.82 | 0.64 |
| Max drawdown (3Y) | -38.7% | -31.6% |
| Market cap | $0.9B | $0.9B |
| P/E (trailing) | 5.8 | 8.8 |
| Dividend yield | 9.83% | 16.36% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ADAM | MFA |
|---|---|---|
| 2022 | -20.8% | -37.2% |
| 2023 | -5.5% | +30.7% |
| 2024 | -19.3% | +2.6% |
| 2025 | +36.5% | +6.1% |
| 2026 | +43.6% | +2.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADAM and MFA good diversifiers for each other?
Somewhat, no more. With 0.61 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ADAM and MFA?
The ADAM/MFA correlation stands at 0.61 on a 3-year window (1 year: 0.67, 5 years: 0.70), computed from weekly returns as of 2026-08-27.
Is MFA a good diversifier for ADAM?
Somewhat, no more. With 0.61 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.61 mean?
On the −1 to +1 scale, 0.61 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/adam-vs-mfa.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/adam-vs-mfa/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ADAM correlations · MFA correlations
