IPDN vs TWFG: Correlation
How closely do Professional Diversity Network, Inc. (IPDN) and TWFG, Inc. (TWFG) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IPDN and TWFG?
Across a 3-year window, the weekly returns of IPDN and TWFG correlate at -0.22, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.12) sits close to the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of -1980.9 %².
Out of 13 assets tracked against IPDN, TWFG lands near the bottom at #11. The last year tells two different stories: TWFG led by 98.1 percentage points, -93.5% for IPDN against +4.6% for TWFG. One caveat on sizing: IPDN is 4.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
IPDN vs TWFG: side by side
| IPDN (Professional Diversity Network, Inc.) | TWFG (TWFG, Inc.) | |
|---|---|---|
| 1-year return | -93.5% | +4.6% |
| 5-year return | -99.5% | n/a |
| Volatility (ann.) | 192.4% | 43.1% |
| Beta vs S&P 500 | 1.06 | 0.36 |
| Max drawdown (3Y) | -99.6% | -52.7% |
| Market cap | – | $0.4B |
| P/E (trailing) | – | 52.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IPDN | TWFG |
|---|---|---|
| 2022 | +5.1% | – |
| 2023 | -1.5% | – |
| 2024 | -75.4% | – |
| 2025 | -77.2% | -6.6% |
| 2026 | -89.0% | +1.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IPDN and TWFG good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between IPDN and TWFG?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.12 over the last year and n/a over 5 years.
Is TWFG a good diversifier for IPDN?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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/ipdn-vs-twfg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ipdn-vs-twfg/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: IPDN correlations · TWFG correlations
