HFBL vs PETZ: Correlation
Measured on weekly returns over the past three years, Home Federal Bancorp, Inc. of Louisiana (HFBL) and TDH Holdings, Inc. (PETZ) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HFBL and PETZ?
Over the past 3 years, HFBL and PETZ moved with a correlation of -0.25, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.25) sits close to the 3-year figure. Over 5 years the correlation is -0.06, and the annualized covariance of weekly returns is -448.7 %².
PETZ is close to the least connected end of HFBL's tracked universe, ranking #10 of 12. Correlation aside, the last 12 months split them widely, with HFBL ahead by 74.6 points (+102.0% versus +27.4%). Note the risk asymmetry: PETZ runs 1.9 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.
HFBL vs PETZ: side by side
| HFBL (Home Federal Bancorp, Inc. of Louisiana) | PETZ (TDH Holdings, Inc.) | |
|---|---|---|
| 1-year return | +102.0% | +27.4% |
| 5-year return | +67.8% | -97.2% |
| Volatility (ann.) | 30.5% | 58.5% |
| Beta vs S&P 500 | 0.12 | 0.40 |
| Max drawdown (3Y) | -28.6% | -51.2% |
| Market cap | $0.1B | – |
| P/E (trailing) | 12.6 | 6.9 |
| Dividend yield | 2.06% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HFBL | PETZ |
|---|---|---|
| 2022 | -14.2% | -98.0% |
| 2023 | -13.5% | -25.8% |
| 2024 | -8.9% | +8.7% |
| 2025 | +49.2% | -27.2% |
| 2026 | +44.7% | +37.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HFBL and PETZ good diversifiers for each other?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between HFBL and PETZ?
As of 2026-08-27, the correlation of weekly returns between HFBL and PETZ is -0.25 over 3 years, -0.25 over 1 year and -0.06 over 5 years.
Is PETZ a good diversifier for HFBL?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.25 mean?
On the −1 to +1 scale, -0.25 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/hfbl-vs-petz.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/hfbl-vs-petz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HFBL correlations · PETZ correlations
