FUND vs TXMD: Correlation
How closely do Sprott Focus Trust, Inc. - Closed End Fund (FUND) and TherapeuticsMD, Inc. (TXMD) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FUND and TXMD?
Across a 3-year window, the weekly returns of FUND and TXMD correlate at 0.37, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.24 versus 0.37 over 3 years. Stretching to 5 years gives 0.09, with an annualized covariance of 483.5 %².
Among the 32 assets we track against FUND, TXMD sits near the bottom by co-movement, at rank #29. The last year tells two different stories: TXMD led by 59.1 percentage points, +39.1% for FUND against +98.2% for TXMD. Risk is not evenly split, since TXMD carries 4.1 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.
FUND vs TXMD: side by side
| FUND (Sprott Focus Trust, Inc. - Closed End Fund) | TXMD (TherapeuticsMD, Inc.) | |
|---|---|---|
| 1-year return | +39.1% | +98.2% |
| 5-year return | +83.0% | -94.4% |
| Volatility (ann.) | 17.9% | 73.0% |
| Beta vs S&P 500 | 0.77 | 1.30 |
| Max drawdown (3Y) | -18.2% | -81.2% |
| Market cap | $0.3B | – |
| P/E (trailing) | 5.8 | – |
| Dividend yield | 5.36% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FUND | TXMD |
|---|---|---|
| 2022 | -1.2% | -68.9% |
| 2023 | +6.9% | -59.7% |
| 2024 | -1.0% | -61.8% |
| 2025 | +27.5% | +89.5% |
| 2026 | +26.8% | +36.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FUND and TXMD good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between FUND and TXMD?
As of 2026-08-27, the correlation of weekly returns between FUND and TXMD is 0.37 over 3 years, 0.24 over 1 year and 0.09 over 5 years.
Is TXMD a good diversifier for FUND?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.37 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/fund-vs-txmd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fund-vs-txmd/)
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Related comparisons
Hubs: FUND correlations · TXMD correlations
