GDV vs TXMD: Correlation
Measured on weekly returns over the past three years, Gabelli Dividend & Income Trust (GDV) and TherapeuticsMD, Inc. (TXMD) carry a correlation of 0.38, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GDV and TXMD?
On 3 years of weekly data the GDV/TXMD correlation comes out at 0.38, moderate. The link has loosened recently: the 1-year correlation (0.25) runs below the 3-year figure (0.38). The 5-year figure is 0.08, and annualized covariance runs at 418.2 %².
Out of 71 assets tracked against GDV, TXMD lands near the bottom at #68. Correlation aside, the last 12 months split them widely, with TXMD ahead by 77.9 points (+20.3% versus +98.2%). Note the risk asymmetry: TXMD runs 4.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
GDV vs TXMD: side by side
| GDV (Gabelli Dividend & Income Trust) | TXMD (TherapeuticsMD, Inc.) | |
|---|---|---|
| 1-year return | +20.3% | +98.2% |
| 5-year return | +53.8% | -94.4% |
| Volatility (ann.) | 15.0% | 73.0% |
| Beta vs S&P 500 | 0.90 | 1.30 |
| Max drawdown (3Y) | -16.1% | -81.2% |
| Market cap | $2.7B | – |
| P/E (trailing) | 6.3 | – |
| Dividend yield | 5.51% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GDV | TXMD |
|---|---|---|
| 2022 | -18.6% | -68.9% |
| 2023 | +11.9% | -59.7% |
| 2024 | +18.1% | -61.8% |
| 2025 | +22.8% | +89.5% |
| 2026 | +13.8% | +36.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GDV and TXMD good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between GDV and TXMD?
Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.25 over the last year and 0.08 over 5 years.
Is TXMD a good diversifier for GDV?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.38 mean?
A reading of 0.38 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gdv-vs-txmd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gdv-vs-txmd/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GDV correlations · TXMD correlations
