GUTS vs LFWD: Correlation
How closely do Fractyl Health, Inc. (GUTS) and Lifeward Ltd. (LFWD) trade together? Their weekly returns over three years give a correlation of 0.36, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GUTS and LFWD?
Across a 3-year window, the weekly returns of GUTS and LFWD correlate at 0.36, moderate. Little has changed lately, as the 1-year reading of 0.32 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of 3417.5 %².
Among the 10 assets we track against GUTS, LFWD ranks #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with LFWD ahead by 23.5 points (-25.1% versus -1.6%).
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.
GUTS vs LFWD: side by side
| GUTS (Fractyl Health, Inc.) | LFWD (Lifeward Ltd.) | |
|---|---|---|
| 1-year return | -25.1% | -1.6% |
| 5-year return | n/a | -93.8% |
| Volatility (ann.) | 108.3% | 91.5% |
| Beta vs S&P 500 | 1.43 | 1.20 |
| Max drawdown (3Y) | -96.9% | -95.6% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GUTS | LFWD |
|---|---|---|
| 2022 | – | -38.2% |
| 2023 | – | +2.4% |
| 2024 | – | -68.2% |
| 2025 | +6.8% | -66.6% |
| 2026 | -66.3% | +6.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GUTS and LFWD good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between GUTS and LFWD?
As of 2026-08-27, the correlation of weekly returns between GUTS and LFWD is 0.36 over 3 years, 0.32 over 1 year and n/a over 5 years.
Is LFWD a good diversifier for GUTS?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.36 mean?
On the −1 to +1 scale, 0.36 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/guts-vs-lfwd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/guts-vs-lfwd/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GUTS correlations · LFWD correlations
