FPH vs MYFW: Correlation
Measured on weekly returns over the past three years, Five Point Holdings, LLC Class A (FPH) and First Western Financial, Inc. (MYFW) 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 FPH and MYFW?
Across a 3-year window, the weekly returns of FPH and MYFW correlate at 0.42, moderate. The link has loosened recently: the 1-year correlation (0.13) runs below the 3-year figure (0.42). Stretching to 5 years gives 0.37, with an annualized covariance of 641.4 %².
Within FPH's tracked universe of 12 assets, MYFW comes in at #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with MYFW ahead by 42.4 points (-9.3% versus +33.1%).
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.
FPH vs MYFW: side by side
| FPH (Five Point Holdings, LLC Class A) | MYFW (First Western Financial, Inc.) | |
|---|---|---|
| 1-year return | -9.3% | +33.1% |
| 5-year return | -37.3% | +13.7% |
| Volatility (ann.) | 44.0% | 34.7% |
| Beta vs S&P 500 | 0.83 | 1.08 |
| Max drawdown (3Y) | -33.4% | -37.4% |
| Market cap | $0.8B | $0.3B |
| P/E (trailing) | 7.1 | 16.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FPH | MYFW |
|---|---|---|
| 2022 | -64.4% | -7.3% |
| 2023 | +31.8% | -29.6% |
| 2024 | +23.1% | -1.4% |
| 2025 | +47.9% | +37.1% |
| 2026 | -8.8% | +15.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FPH and MYFW good diversifiers for each other?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between FPH and MYFW?
Using weekly returns as of 2026-08-27: 0.42 over 3 years, with 0.13 over the last year and 0.37 over 5 years.
Is MYFW a good diversifier for FPH?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.42 mean?
A reading of 0.42 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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Related comparisons
Hubs: FPH correlations · MYFW correlations
