FIGS vs NHTC: Correlation
Measured on weekly returns over the past three years, FIGS, Inc. (FIGS) and Natural Health Trends Corp. (NHTC) carry a correlation of -0.19, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FIGS and NHTC?
Across a 3-year window, the weekly returns of FIGS and NHTC correlate at -0.19, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.15) sits close to the 3-year figure. Stretching to 5 years gives -0.03, with an annualized covariance of -502.9 %².
Out of 11 assets tracked against FIGS, NHTC lands near the bottom at #9. Correlation aside, the last 12 months split them widely, with FIGS ahead by 169.5 points (+113.3% versus -56.2%). Risk is not evenly split, since FIGS carries 1.6 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.
FIGS vs NHTC: side by side
| FIGS (FIGS, Inc.) | NHTC (Natural Health Trends Corp.) | |
|---|---|---|
| 1-year return | +113.3% | -56.2% |
| 5-year return | -63.9% | -50.8% |
| Volatility (ann.) | 63.9% | 40.5% |
| Beta vs S&P 500 | 0.92 | 0.59 |
| Max drawdown (3Y) | -54.4% | -71.7% |
| Market cap | $2.5B | – |
| P/E (trailing) | 45.8 | – |
| Dividend yield | 0.00% | 35.09% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FIGS | NHTC |
|---|---|---|
| 2022 | -75.6% | -42.1% |
| 2023 | +3.3% | +96.2% |
| 2024 | -10.9% | -11.5% |
| 2025 | +83.5% | -20.5% |
| 2026 | +32.9% | -41.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FIGS and NHTC good diversifiers for each other?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between FIGS and NHTC?
The FIGS/NHTC correlation stands at -0.19 on a 3-year window (1 year: -0.15, 5 years: -0.03), computed from weekly returns as of 2026-08-27.
Is NHTC a good diversifier for FIGS?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.19 mean?
On the −1 to +1 scale, -0.19 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/figs-vs-nhtc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/figs-vs-nhtc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FIGS correlations · NHTC correlations
