HFFG vs KBSX: Correlation
How closely do HF Foods Group Inc. (HFFG) and FST Corp. (KBSX) trade together? Their weekly returns over three years give a correlation of 0.32, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HFFG and KBSX?
On 3 years of weekly data the HFFG/KBSX correlation comes out at 0.32, moderate. The relationship has been stable: the 1-year correlation (0.30) sits close to the 3-year figure. The 5-year figure is 0.27, and annualized covariance runs at 1925.5 %².
Within HFFG's tracked universe of 13 assets, KBSX comes in at #6 by 3-year correlation. Over the last 12 months KBSX came out ahead by 8.9 percentage points (-48.4% against -39.5%).
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 KBSX: side by side
| HFFG (HF Foods Group Inc.) | KBSX (FST Corp.) | |
|---|---|---|
| 1-year return | -48.4% | -39.5% |
| 5-year return | -69.2% | -89.8% |
| Volatility (ann.) | 67.7% | 88.4% |
| Beta vs S&P 500 | 0.86 | 0.95 |
| Max drawdown (3Y) | -75.7% | -94.0% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | 8.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HFFG | KBSX |
|---|---|---|
| 2022 | -52.0% | – |
| 2023 | +31.5% | +7.3% |
| 2024 | -39.9% | -12.7% |
| 2025 | -33.0% | -85.5% |
| 2026 | -16.3% | -27.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HFFG and KBSX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between HFFG and KBSX?
Using weekly returns as of 2026-08-27: 0.32 over 3 years, with 0.30 over the last year and 0.27 over 5 years.
Is KBSX a good diversifier for HFFG?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.32 mean?
A reading of 0.32 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/hffg-vs-kbsx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hffg-vs-kbsx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HFFG correlations · KBSX correlations
