FFIV vs PUMP: Correlation
Measured on weekly returns over the past three years, F5, Inc. (FFIV) and ProPetro Holding Corp. (PUMP) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FFIV and PUMP?
Across a 3-year window, the weekly returns of FFIV and PUMP correlate at -0.22, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.45 versus -0.22 over 3 years. Stretching to 5 years gives -0.07, with an annualized covariance of -382.4 %².
Among the 34 assets we track against FFIV, PUMP ranks #29 by 3-year correlation. Correlation aside, the last 12 months split them widely, with PUMP ahead by 99.1 points (+29.1% versus +128.2%). One caveat on sizing: PUMP is 2.4 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.
FFIV vs PUMP: side by side
| FFIV (F5, Inc.) | PUMP (ProPetro Holding Corp.) | |
|---|---|---|
| 1-year return | +29.1% | +128.2% |
| 5-year return | +99.3% | +45.4% |
| Volatility (ann.) | 26.6% | 65.1% |
| Beta vs S&P 500 | 0.77 | 0.73 |
| Max drawdown (3Y) | -34.7% | -59.1% |
| Market cap | $23.2B | $1.4B |
| P/E (trailing) | 31.8 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | FFIV | PUMP |
|---|---|---|
| 2022 | -41.4% | +28.0% |
| 2023 | +24.7% | -19.2% |
| 2024 | +40.5% | +11.3% |
| 2025 | +1.5% | +1.9% |
| 2026 | +60.7% | +17.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FFIV and PUMP good diversifiers for each other?
Yes. With a correlation of -0.22, FFIV and PUMP have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between FFIV and PUMP?
As of 2026-08-27, the correlation of weekly returns between FFIV and PUMP is -0.22 over 3 years, -0.45 over 1 year and -0.07 over 5 years.
Is PUMP a good diversifier for FFIV?
Yes. With a correlation of -0.22, FFIV and PUMP have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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-pump.json
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Related comparisons
Hubs: FFIV correlations · PUMP correlations
