FEMY vs GUT: Correlation
How closely do Femasys Inc. (FEMY) and Gabelli Utility Trust (The) (GUT) trade together? Their weekly returns over three years give a correlation of -0.50, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FEMY and GUT?
Across a 3-year window, the weekly returns of FEMY and GUT correlate at -0.50, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.09 versus -0.50 over 3 years. Stretching to 5 years gives -0.37, with an annualized covariance of -5501.3 %².
Out of 32 assets tracked against FEMY, GUT lands near the bottom at #32. Correlation aside, the last 12 months split them widely, with GUT ahead by 79.7 points (-61.2% versus +18.5%). Risk is not evenly split, since FEMY carries 23.7 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.
FEMY vs GUT: side by side
| FEMY (Femasys Inc.) | GUT (Gabelli Utility Trust (The)) | |
|---|---|---|
| 1-year return | -61.2% | +18.5% |
| 5-year return | -98.0% | +29.5% |
| Volatility (ann.) | 509.3% | 21.5% |
| Beta vs S&P 500 | -0.49 | 0.37 |
| Max drawdown (3Y) | -97.2% | -28.7% |
| Market cap | – | – |
| P/E (trailing) | – | 11.9 |
| Dividend yield | 0.00% | 9.39% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FEMY | GUT |
|---|---|---|
| 2022 | -76.9% | -1.1% |
| 2023 | +8.3% | -21.1% |
| 2024 | +12.8% | +6.0% |
| 2025 | -47.6% | +33.1% |
| 2026 | -75.8% | +13.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FEMY and GUT good diversifiers for each other?
Yes. With a correlation of -0.50, FEMY and GUT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between FEMY and GUT?
As of 2026-08-27, the correlation of weekly returns between FEMY and GUT is -0.50 over 3 years, 0.09 over 1 year and -0.37 over 5 years.
Is GUT a good diversifier for FEMY?
Yes. With a correlation of -0.50, FEMY and GUT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.50 mean?
On the −1 to +1 scale, -0.50 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.
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Related comparisons
Hubs: FEMY correlations · GUT correlations
