FNGD vs LFMD: Correlation
MicroSectors FANG Index -3X Inverse Leveraged ETNs due (FNGD) and LifeMD, Inc. (LFMD) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FNGD and LFMD?
Across a 3-year window, the weekly returns of FNGD and LFMD correlate at -0.24, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.26 lands near the 3-year figure. Stretching to 5 years gives -0.34, with an annualized covariance of -1526.3 %².
Among the 1743 assets we track against FNGD, LFMD ranks #341 by 3-year correlation. On 12-month performance LFMD holds a 6.6-point edge, -55.7% against -49.1%.
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.
FNGD vs LFMD: side by side
| FNGD (MicroSectors FANG Index -3X Inverse Leveraged ETNs due) | LFMD (LifeMD, Inc.) | |
|---|---|---|
| 1-year return | -55.7% | -49.1% |
| 5-year return | -99.4% | -58.8% |
| Volatility (ann.) | 75.7% | 84.5% |
| Beta vs S&P 500 | -4.54 | 1.35 |
| Max drawdown (3Y) | -97.6% | -82.5% |
| Market cap | – | $0.2B |
| P/E (trailing) | 20.6 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FNGD | LFMD |
|---|---|---|
| 2022 | +52.2% | -49.9% |
| 2023 | -90.1% | +327.3% |
| 2024 | -76.6% | -40.3% |
| 2025 | -61.4% | -31.1% |
| 2026 | -49.5% | -4.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FNGD and LFMD good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between FNGD and LFMD?
As of 2026-08-27, the correlation of weekly returns between FNGD and LFMD is -0.24 over 3 years, -0.26 over 1 year and -0.34 over 5 years.
Is LFMD a good diversifier for FNGD?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 mean?
A reading of -0.24 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Hubs: FNGD correlations · LFMD correlations
