HFFG vs SRXH: Correlation
HF Foods Group Inc. (HFFG) and SRX Global Inc. (SRXH) show a weak relationship: their 3-year correlation of weekly returns is 0.28.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HFFG and SRXH?
On 3 years of weekly data the HFFG/SRXH correlation comes out at 0.28, weak. The relationship has been stable: the 1-year correlation (0.34) sits close to the 3-year figure. The 5-year figure is 0.23, and annualized covariance runs at 2200.6 %².
Among the 13 assets we track against HFFG, SRXH ranks #7 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months HFFG outperformed by 43.5 percentage points (-48.4% for HFFG against -91.9% for SRXH). Note the risk asymmetry: SRXH runs 1.7 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 SRXH: side by side
| HFFG (HF Foods Group Inc.) | SRXH (SRX Global Inc.) | |
|---|---|---|
| 1-year return | -48.4% | -91.9% |
| 5-year return | -69.2% | -100.0% |
| Volatility (ann.) | 67.7% | 116.5% |
| Beta vs S&P 500 | 0.86 | 0.40 |
| Max drawdown (3Y) | -75.7% | -99.8% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HFFG | SRXH |
|---|---|---|
| 2022 | -52.0% | -83.3% |
| 2023 | +31.5% | -48.6% |
| 2024 | -39.9% | -78.8% |
| 2025 | -33.0% | -86.9% |
| 2026 | -16.3% | -86.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HFFG and SRXH good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.28 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between HFFG and SRXH?
The HFFG/SRXH correlation stands at 0.28 on a 3-year window (1 year: 0.34, 5 years: 0.23), computed from weekly returns as of 2026-08-27.
Is SRXH a good diversifier for HFFG?
Yes, to a useful degree: a correlation of 0.28 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.28 mean?
On the −1 to +1 scale, 0.28 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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Hubs: HFFG correlations · SRXH correlations
