GOVX vs HYFT: Correlation
GeoVax Labs, Inc. (GOVX) and MindWalk Holdings Corp. (HYFT) show a moderate relationship: their 3-year correlation of weekly returns is 0.30.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GOVX and HYFT?
Across a 3-year window, the weekly returns of GOVX and HYFT correlate at 0.30, moderate. The past 12 months show a tighter link (0.52) than the 3-year average (0.30). Stretching to 5 years gives 0.22, with an annualized covariance of 7672.7 %².
Among the 16 assets we track against GOVX, HYFT ranks #9 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months HYFT outperformed by 49.8 percentage points (-96.2% for GOVX against -46.4% for HYFT). Risk is not evenly split, since GOVX carries 2.1 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.
GOVX vs HYFT: side by side
| GOVX (GeoVax Labs, Inc.) | HYFT (MindWalk Holdings Corp.) | |
|---|---|---|
| 1-year return | -96.2% | -46.4% |
| 5-year return | -100.0% | -80.2% |
| Volatility (ann.) | 230.2% | 110.1% |
| Beta vs S&P 500 | 2.89 | 1.42 |
| Max drawdown (3Y) | -99.7% | -86.3% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GOVX | HYFT |
|---|---|---|
| 2022 | -82.6% | -2.8% |
| 2023 | -42.7% | -67.2% |
| 2024 | -54.4% | -75.9% |
| 2025 | -93.1% | +341.7% |
| 2026 | -83.2% | -22.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GOVX and HYFT good diversifiers for each other?
Reasonably. At 0.30, GOVX and HYFT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between GOVX and HYFT?
Using weekly returns as of 2026-08-27: 0.30 over 3 years, with 0.52 over the last year and 0.22 over 5 years.
Is HYFT a good diversifier for GOVX?
Reasonably. At 0.30, GOVX and HYFT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.30 mean?
A reading of 0.30 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/govx-vs-hyft.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/govx-vs-hyft/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GOVX correlations · HYFT correlations
