JDZG vs PHGE: Correlation
JIADE LIMITED - Class A (JDZG) and BiomX Inc. (PHGE) 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 JDZG and PHGE?
Over the past 3 years, JDZG and PHGE moved with a correlation of 0.28, which is weak. Lately the two have moved closer together, with the 1-year correlation at 0.43 versus 0.28 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 9712.8 %².
By 3-year correlation, PHGE places #9 of the 25 assets tracked against JDZG. Twelve-month performance is nearly a tie, at -99.3% for JDZG and -98.7% for PHGE. Note the risk asymmetry: JDZG 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.
JDZG vs PHGE: side by side
| JDZG (JIADE LIMITED - Class A) | PHGE (BiomX Inc.) | |
|---|---|---|
| 1-year return | -99.3% | -98.7% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 252.5% | 147.0% |
| Beta vs S&P 500 | 0.21 | 0.33 |
| Max drawdown (3Y) | -100.0% | -99.9% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JDZG | PHGE |
|---|---|---|
| 2022 | – | -88.3% |
| 2023 | – | +49.7% |
| 2024 | – | -73.9% |
| 2025 | -88.0% | -86.5% |
| 2026 | -98.2% | -92.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JDZG and PHGE good diversifiers for each other?
A fair diversifier. At 0.28, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between JDZG and PHGE?
The JDZG/PHGE correlation stands at 0.28 on a 3-year window (1 year: 0.43, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is PHGE a good diversifier for JDZG?
A fair diversifier. At 0.28, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.28 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/jdzg-vs-phge.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/jdzg-vs-phge/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: JDZG correlations · PHGE correlations
