FTHM vs GEG: Correlation
How closely do Fathom Holdings Inc. (FTHM) and Great Elm Group, Inc. (GEG) trade together? Their weekly returns over three years give a correlation of 0.34, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FTHM and GEG?
On 3 years of weekly data the FTHM/GEG correlation comes out at 0.34, moderate. The link has tightened recently: the 1-year correlation (0.53) runs above the 3-year figure (0.34). The 5-year figure is 0.24, and annualized covariance runs at 1483.9 %².
By 3-year correlation, GEG places #7 of the 16 assets tracked against FTHM. Their recent paths diverged sharply: over the last 12 months GEG outperformed by 50.9 percentage points (-61.3% for FTHM against -10.4% for GEG). Risk is not evenly split, since FTHM carries 4.0 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.
FTHM vs GEG: side by side
| FTHM (Fathom Holdings Inc.) | GEG (Great Elm Group, Inc.) | |
|---|---|---|
| 1-year return | -61.3% | -10.4% |
| 5-year return | -97.7% | -7.3% |
| Volatility (ann.) | 130.4% | 33.0% |
| Beta vs S&P 500 | 2.16 | 0.15 |
| Max drawdown (3Y) | -93.5% | -41.4% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FTHM | GEG |
|---|---|---|
| 2022 | -79.2% | -3.3% |
| 2023 | -15.5% | -4.0% |
| 2024 | -57.4% | -6.7% |
| 2025 | -34.0% | +40.9% |
| 2026 | -34.0% | -15.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FTHM and GEG good diversifiers for each other?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between FTHM and GEG?
As of 2026-08-27, the correlation of weekly returns between FTHM and GEG is 0.34 over 3 years, 0.53 over 1 year and 0.24 over 5 years.
Is GEG a good diversifier for FTHM?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.34 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/fthm-vs-geg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fthm-vs-geg/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FTHM correlations · GEG correlations
