CHEF vs PTHS: Correlation
Measured on weekly returns over the past three years, The Chefs' Warehouse, Inc. (CHEF) and Pelthos Therapeutics Inc. (PTHS) carry a correlation of 0.39, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHEF and PTHS?
Across a 3-year window, the weekly returns of CHEF and PTHS correlate at 0.39, moderate. The relationship has been stable: the 1-year correlation (0.38) sits close to the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of 1911.9 %².
Among the 12 assets we track against CHEF, PTHS ranks #7 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months CHEF outperformed by 72.3 percentage points (+77.7% for CHEF against +5.4% for PTHS). Note the risk asymmetry: PTHS runs 2.8 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
CHEF vs PTHS: side by side
| CHEF (The Chefs' Warehouse, Inc.) | PTHS (Pelthos Therapeutics Inc.) | |
|---|---|---|
| 1-year return | +77.7% | +5.4% |
| 5-year return | +273.0% | n/a |
| Volatility (ann.) | 44.0% | 125.0% |
| Beta vs S&P 500 | 1.23 | 1.67 |
| Max drawdown (3Y) | -37.8% | -88.7% |
| Market cap | $4.5B | $0.1B |
| P/E (trailing) | 53.2 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CHEF | PTHS |
|---|---|---|
| 2022 | -0.1% | – |
| 2023 | -11.6% | – |
| 2024 | +67.6% | – |
| 2025 | +26.4% | +383.6% |
| 2026 | +78.5% | -19.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHEF and PTHS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CHEF and PTHS?
Using weekly returns as of 2026-08-27: 0.39 over 3 years, with 0.38 over the last year and n/a over 5 years.
Is PTHS a good diversifier for CHEF?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.39 mean?
A reading of 0.39 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/chef-vs-pths.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/chef-vs-pths/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CHEF correlations · PTHS correlations
