GOOD vs LFT: Correlation
Gl (GOOD) and Lument Finance Trust, Inc. (LFT) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GOOD and LFT?
Over the past 3 years, GOOD and LFT moved with a correlation of 0.39, which is moderate. Recent behaviour matches the longer record: 0.48 over 1 year against 0.39 over 3. Over 5 years the correlation is 0.31, and the annualized covariance of weekly returns is 288.5 %².
Out of 16 assets tracked against GOOD, LFT lands near the bottom at #12. Their recent paths diverged sharply: over the last 12 months GOOD outperformed by 71.2 percentage points (+8.2% for GOOD against -63.0% for LFT).
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.
GOOD vs LFT: side by side
| GOOD (Gl) | LFT (Lument Finance Trust, Inc.) | |
|---|---|---|
| 1-year return | +8.2% | -63.0% |
| 5-year return | -11.7% | -67.7% |
| Volatility (ann.) | 22.3% | 32.8% |
| Beta vs S&P 500 | 0.67 | 0.41 |
| Max drawdown (3Y) | -35.3% | -75.1% |
| Market cap | $0.6B | – |
| P/E (trailing) | 51.9 | – |
| Dividend yield | 9.22% | 21.82% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GOOD | LFT |
|---|---|---|
| 2022 | -22.5% | -45.1% |
| 2023 | -21.6% | +38.6% |
| 2024 | +33.3% | +29.4% |
| 2025 | -28.1% | -39.3% |
| 2026 | +29.9% | -44.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GOOD and LFT good diversifiers for each other?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GOOD and LFT?
As of 2026-08-27, the correlation of weekly returns between GOOD and LFT is 0.39 over 3 years, 0.48 over 1 year and 0.31 over 5 years.
Is LFT a good diversifier for GOOD?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.39 mean?
A reading of 0.39 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/good-vs-lft.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/good-vs-lft/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GOOD correlations · LFT correlations
