FFIV vs GEN: Correlation
Measured on weekly returns over the past three years, F5, Inc. (FFIV) and Gen Digital (GEN) carry a correlation of 0.42, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FFIV and GEN?
Across a 3-year window, the weekly returns of FFIV and GEN correlate at 0.42, moderate. Recent behaviour matches the longer record: 0.39 over 1 year against 0.42 over 3. Stretching to 5 years gives 0.38, with an annualized covariance of 351.4 %².
Within FFIV's tracked universe of 34 assets, GEN comes in at #15 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months FFIV outperformed by 27.9 percentage points (+29.1% for FFIV against +1.2% for GEN). The link looks structural: the rolling one-year correlation barely moved, holding between 0.29 and 0.53.
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.
FFIV vs GEN: side by side
| FFIV (F5, Inc.) | GEN (Gen Digital) | |
|---|---|---|
| 1-year return | +29.1% | +1.2% |
| 5-year return | +99.3% | +26.3% |
| Volatility (ann.) | 26.6% | 31.7% |
| Beta vs S&P 500 | 0.77 | 1.02 |
| Max drawdown (3Y) | -34.7% | -43.6% |
| Market cap | $23.2B | $18.3B |
| P/E (trailing) | 31.8 | 17.3 |
| Dividend yield | 0.00% | 1.69% |
| Sector / category | Information Technology | Information Technology |
Year-by-year returns
| Year | FFIV | GEN |
|---|---|---|
| 2022 | -41.4% | -15.8% |
| 2023 | +24.7% | +9.3% |
| 2024 | +40.5% | +22.4% |
| 2025 | +1.5% | +1.1% |
| 2026 | +60.7% | +13.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FFIV and GEN good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between FFIV and GEN?
The FFIV/GEN correlation stands at 0.42 on a 3-year window (1 year: 0.39, 5 years: 0.38), computed from weekly returns as of 2026-08-27.
Is GEN a good diversifier for FFIV?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.42 mean?
On the −1 to +1 scale, 0.42 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/ffiv-vs-gen.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ffiv-vs-gen/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FFIV correlations · GEN correlations
