HFFG vs III: Correlation
Measured on weekly returns over the past three years, HF Foods Group Inc. (HFFG) and Information Services Group, Inc. (III) carry a correlation of 0.41, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HFFG and III?
On 3 years of weekly data the HFFG/III correlation comes out at 0.41, moderate. The link has loosened recently: the 1-year correlation (0.17) runs below the 3-year figure (0.41). The 5-year figure is 0.39, and annualized covariance runs at 1071.0 %².
III is one of the assets that tracks HFFG most closely: it ranks #1 out of the 13 assets we track against HFFG. Their recent paths diverged sharply: over the last 12 months III outperformed by 54.0 percentage points (-48.4% for HFFG against +5.6% for III). Risk is not evenly split, since HFFG carries 1.8 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.
HFFG vs III: side by side
| HFFG (HF Foods Group Inc.) | III (Information Services Group, Inc.) | |
|---|---|---|
| 1-year return | -48.4% | +5.6% |
| 5-year return | -69.2% | -14.6% |
| Volatility (ann.) | 67.7% | 38.4% |
| Beta vs S&P 500 | 0.86 | 0.99 |
| Max drawdown (3Y) | -75.7% | -41.5% |
| Market cap | $0.1B | $0.2B |
| P/E (trailing) | – | 21.0 |
| Dividend yield | 0.00% | 3.63% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HFFG | III |
|---|---|---|
| 2022 | -52.0% | -38.1% |
| 2023 | +31.5% | +6.2% |
| 2024 | -39.9% | -25.3% |
| 2025 | -33.0% | +79.8% |
| 2026 | -16.3% | -10.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HFFG and III good diversifiers for each other?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between HFFG and III?
The HFFG/III correlation stands at 0.41 on a 3-year window (1 year: 0.17, 5 years: 0.39), computed from weekly returns as of 2026-08-27.
Is III a good diversifier for HFFG?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.41 mean?
On the −1 to +1 scale, 0.41 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.
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Related comparisons
Hubs: HFFG correlations · III correlations
