MFA vs RXST: Correlation
MFA Financial, Inc. (MFA) and RxSight, Inc. (RXST) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MFA and RXST?
Across a 3-year window, the weekly returns of MFA and RXST correlate at 0.41, moderate. The relationship has been stable: the 1-year correlation (0.42) sits close to the 3-year figure. Stretching to 5 years gives 0.25, with an annualized covariance of 682.1 %².
By 3-year correlation, RXST places #17 of the 23 assets tracked against MFA. The last year tells two different stories: MFA led by 25.5 percentage points, +2.8% for MFA against -22.7% for RXST. One caveat on sizing: RXST is 2.6 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.
MFA vs RXST: side by side
| MFA (MFA Financial, Inc.) | RXST (RxSight, Inc.) | |
|---|---|---|
| 1-year return | +2.8% | -22.7% |
| 5-year return | -8.1% | -57.2% |
| Volatility (ann.) | 25.6% | 65.8% |
| Beta vs S&P 500 | 0.64 | 1.40 |
| Max drawdown (3Y) | -31.6% | -92.9% |
| Market cap | $0.9B | $0.3B |
| P/E (trailing) | 8.8 | – |
| Dividend yield | 16.36% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MFA | RXST |
|---|---|---|
| 2022 | -37.2% | +12.6% |
| 2023 | +30.7% | +218.2% |
| 2024 | +2.6% | -14.7% |
| 2025 | +6.1% | -69.7% |
| 2026 | +2.6% | -36.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MFA and RXST good diversifiers for each other?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between MFA and RXST?
The MFA/RXST correlation stands at 0.41 on a 3-year window (1 year: 0.42, 5 years: 0.25), computed from weekly returns as of 2026-08-27.
Is RXST a good diversifier for MFA?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.41 mean?
On the −1 to +1 scale, 0.41 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/mfa-vs-rxst.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mfa-vs-rxst/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MFA correlations · RXST correlations
