FTH vs GPC: Correlation
Faeth Therapeutics, Inc. (FTH) and Genuine Parts Company (GPC) show a negative relationship: their 3-year correlation of weekly returns is -0.32.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FTH and GPC?
Over the past 3 years, FTH and GPC moved with a correlation of -0.32, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.51 versus -0.32 over 3 years. Over 5 years the correlation is -0.25, and the annualized covariance of weekly returns is -1963.6 %².
Out of 19 assets tracked against FTH, GPC lands near the bottom at #19. Their recent paths diverged sharply: over the last 12 months FTH outperformed by 319.4 percentage points (+320.7% for FTH against +1.3% for GPC). One caveat on sizing: FTH is 5.9 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.
FTH vs GPC: side by side
| FTH (Faeth Therapeutics, Inc.) | GPC (Genuine Parts Company) | |
|---|---|---|
| 1-year return | +320.7% | +1.3% |
| 5-year return | -83.6% | +27.6% |
| Volatility (ann.) | 189.5% | 31.9% |
| Beta vs S&P 500 | 1.77 | 0.66 |
| Max drawdown (3Y) | -84.3% | -39.7% |
| Market cap | $0.9B | $18.8B |
| P/E (trailing) | – | 546.8 |
| Dividend yield | 0.00% | 3.00% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | FTH | GPC |
|---|---|---|
| 2022 | -74.3% | +26.8% |
| 2023 | -53.6% | -18.1% |
| 2024 | -29.2% | -13.2% |
| 2025 | +8.9% | +8.7% |
| 2026 | +216.2% | +13.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FTH and GPC good diversifiers for each other?
Yes. With a correlation of -0.32, FTH and GPC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between FTH and GPC?
Using weekly returns as of 2026-08-27: -0.32 over 3 years, with -0.51 over the last year and -0.25 over 5 years.
Is GPC a good diversifier for FTH?
Yes. With a correlation of -0.32, FTH and GPC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.32 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
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Related comparisons
Hubs: FTH correlations · GPC correlations
