FEMY vs PCN: Correlation
Femasys Inc. (FEMY) and Pimco Corporate & Income Strategy Fund (PCN) show a negative relationship: their 3-year correlation of weekly returns is -0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FEMY and PCN?
On 3 years of weekly data the FEMY/PCN correlation comes out at -0.35, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.20) than the 3-year average (-0.35). The 5-year figure is -0.19, and annualized covariance runs at -2606.7 %².
Out of 32 assets tracked against FEMY, PCN lands near the bottom at #29. Their recent paths diverged sharply: over the last 12 months PCN outperformed by 62.3 percentage points (-61.2% for FEMY against +1.1% for PCN). One caveat on sizing: FEMY is 34.4 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 PCN: side by side
| FEMY (Femasys Inc.) | PCN (Pimco Corporate & Income Strategy Fund) | |
|---|---|---|
| 1-year return | -61.2% | +1.1% |
| 5-year return | -98.0% | +8.7% |
| Volatility (ann.) | 509.3% | 14.8% |
| Beta vs S&P 500 | -0.49 | 0.48 |
| Max drawdown (3Y) | -97.2% | -22.0% |
| Market cap | – | – |
| P/E (trailing) | – | 9.2 |
| Dividend yield | 0.00% | 11.51% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FEMY | PCN |
|---|---|---|
| 2022 | -76.9% | -22.9% |
| 2023 | +8.3% | +16.3% |
| 2024 | +12.8% | +19.6% |
| 2025 | -47.6% | +5.6% |
| 2026 | -75.8% | -0.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FEMY and PCN good diversifiers for each other?
Yes: at -0.35, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between FEMY and PCN?
Using weekly returns as of 2026-08-27: -0.35 over 3 years, with -0.20 over the last year and -0.19 over 5 years.
Is PCN a good diversifier for FEMY?
Yes: at -0.35, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.35 mean?
On the −1 to +1 scale, -0.35 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/femy-vs-pcn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/femy-vs-pcn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FEMY correlations · PCN correlations
