GNPX vs HIG: Correlation
How closely do Genprex, Inc. (GNPX) and Hartford (The) (HIG) trade together? Their weekly returns over three years give a correlation of -0.29, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GNPX and HIG?
Across a 3-year window, the weekly returns of GNPX and HIG correlate at -0.29, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.36 lands near the 3-year figure. Stretching to 5 years gives -0.14, with an annualized covariance of -1463.5 %².
Out of 33 assets tracked against GNPX, HIG lands near the bottom at #29. Their recent paths diverged sharply: over the last 12 months HIG outperformed by 103.5 percentage points (-98.1% for GNPX against +5.4% for HIG). Risk is not evenly split, since GNPX carries 13.1 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.
GNPX vs HIG: side by side
| GNPX (Genprex, Inc.) | HIG (Hartford (The)) | |
|---|---|---|
| 1-year return | -98.1% | +5.4% |
| 5-year return | -100.0% | +127.4% |
| Volatility (ann.) | 255.0% | 19.5% |
| Beta vs S&P 500 | -0.45 | 0.39 |
| Max drawdown (3Y) | -100.0% | -13.7% |
| Market cap | – | $37.3B |
| P/E (trailing) | 0.1 | 9.7 |
| Dividend yield | 0.00% | 1.66% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | GNPX | HIG |
|---|---|---|
| 2022 | +10.7% | +12.3% |
| 2023 | -84.1% | +8.5% |
| 2024 | -90.7% | +38.5% |
| 2025 | -95.9% | +28.1% |
| 2026 | -90.6% | +0.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GNPX and HIG good diversifiers for each other?
Yes. With a correlation of -0.29, GNPX and HIG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between GNPX and HIG?
Using weekly returns as of 2026-08-27: -0.29 over 3 years, with -0.36 over the last year and -0.14 over 5 years.
Is HIG a good diversifier for GNPX?
Yes. With a correlation of -0.29, GNPX and HIG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.29 mean?
On the −1 to +1 scale, -0.29 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gnpx-vs-hig.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gnpx-vs-hig/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GNPX correlations · HIG correlations
