FEMY vs ZTR: Correlation
Femasys Inc. (FEMY) and Virtus Total Return Fund Inc. (ZTR) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FEMY and ZTR?
Over the past 3 years, FEMY and ZTR moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.12) runs above the 3-year figure (-0.21). Over 5 years the correlation is -0.10, and the annualized covariance of weekly returns is -1489.9 %².
Within FEMY's tracked universe of 32 assets, ZTR comes in at #12 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ZTR ahead by 79.2 points (-61.2% versus +18.0%). Note the risk asymmetry: FEMY runs 36.4 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.
FEMY vs ZTR: side by side
| FEMY (Femasys Inc.) | ZTR (Virtus Total Return Fund Inc.) | |
|---|---|---|
| 1-year return | -61.2% | +18.0% |
| 5-year return | -98.0% | +27.0% |
| Volatility (ann.) | 509.3% | 14.0% |
| Beta vs S&P 500 | -0.49 | 0.40 |
| Max drawdown (3Y) | -97.2% | -18.3% |
| Market cap | – | $0.3B |
| P/E (trailing) | – | 5.7 |
| Dividend yield | 0.00% | 8.75% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FEMY | ZTR |
|---|---|---|
| 2022 | -76.9% | -21.3% |
| 2023 | +8.3% | -3.2% |
| 2024 | +12.8% | +18.3% |
| 2025 | -47.6% | +18.6% |
| 2026 | -75.8% | +15.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FEMY and ZTR good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between FEMY and ZTR?
As of 2026-08-27, the correlation of weekly returns between FEMY and ZTR is -0.21 over 3 years, 0.12 over 1 year and -0.10 over 5 years.
Is ZTR a good diversifier for FEMY?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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-ztr.json
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Related comparisons
Hubs: FEMY correlations · ZTR correlations
