IRMD vs TFSL: Correlation
iRadimed Corporation (IRMD) and TFS Financial Corporation (TFSL) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IRMD and TFSL?
On 3 years of weekly data the IRMD/TFSL correlation comes out at 0.46, moderate. The past 12 months show a weaker link (0.34) than the 3-year average (0.46). The 5-year figure is 0.34, and annualized covariance runs at 325.7 %².
Few assets follow IRMD as closely as TFSL, which ranks #2 of 13 tracked partners. Correlation aside, the last 12 months split them widely, with TFSL ahead by 16.8 points (+19.4% versus +36.2%).
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.
IRMD vs TFSL: side by side
| IRMD (iRadimed Corporation) | TFSL (TFS Financial Corporation) | |
|---|---|---|
| 1-year return | +19.4% | +36.2% |
| 5-year return | +185.4% | +35.4% |
| Volatility (ann.) | 30.9% | 23.1% |
| Beta vs S&P 500 | 0.61 | 0.49 |
| Max drawdown (3Y) | -24.9% | -21.3% |
| Market cap | $1.1B | $5.0B |
| P/E (trailing) | 48.9 | 49.7 |
| Dividend yield | 0.88% | 6.31% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IRMD | TFSL |
|---|---|---|
| 2022 | -37.5% | -13.0% |
| 2023 | +75.4% | +11.2% |
| 2024 | +17.0% | -6.7% |
| 2025 | +79.7% | +16.0% |
| 2026 | -10.0% | +39.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IRMD and TFSL good diversifiers for each other?
Reasonably. At 0.46, IRMD and TFSL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between IRMD and TFSL?
As of 2026-08-27, the correlation of weekly returns between IRMD and TFSL is 0.46 over 3 years, 0.34 over 1 year and 0.34 over 5 years.
Is TFSL a good diversifier for IRMD?
Reasonably. At 0.46, IRMD and TFSL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.46 mean?
A reading of 0.46 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/irmd-vs-tfsl.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/irmd-vs-tfsl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: IRMD correlations · TFSL correlations
