HFFG vs OUST: Correlation
HF Foods Group Inc. (HFFG) and Ouster, Inc. (OUST) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HFFG and OUST?
Over the past 3 years, HFFG and OUST moved with a correlation of 0.35, which is moderate. Little has changed lately, as the 1-year reading of 0.38 lands near the 3-year figure. Over 5 years the correlation is 0.34, and the annualized covariance of weekly returns is 2411.6 %².
By 3-year correlation, OUST places #5 of the 13 assets tracked against HFFG. Their recent paths diverged sharply: over the last 12 months OUST outperformed by 69.1 percentage points (-48.4% for HFFG against +20.7% for OUST). Note the risk asymmetry: OUST runs 1.5 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.
HFFG vs OUST: side by side
| HFFG (HF Foods Group Inc.) | OUST (Ouster, Inc.) | |
|---|---|---|
| 1-year return | -48.4% | +20.7% |
| 5-year return | -69.2% | -56.2% |
| Volatility (ann.) | 67.7% | 102.7% |
| Beta vs S&P 500 | 0.86 | 2.63 |
| Max drawdown (3Y) | -75.7% | -64.0% |
| Market cap | $0.1B | $2.6B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HFFG | OUST |
|---|---|---|
| 2022 | -52.0% | -83.4% |
| 2023 | +31.5% | -11.1% |
| 2024 | -39.9% | +59.3% |
| 2025 | -33.0% | +77.1% |
| 2026 | -16.3% | +68.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HFFG and OUST good diversifiers for each other?
Reasonably. At 0.35, HFFG and OUST keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between HFFG and OUST?
As of 2026-08-27, the correlation of weekly returns between HFFG and OUST is 0.35 over 3 years, 0.38 over 1 year and 0.34 over 5 years.
Is OUST a good diversifier for HFFG?
Reasonably. At 0.35, HFFG and OUST keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.35 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/hffg-vs-oust.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hffg-vs-oust/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HFFG correlations · OUST correlations
