PFG vs RIME: Correlation
Principal Financial Group (PFG) and Algorhythm Holdings, Inc. (RIME) show a negative relationship: their 3-year correlation of weekly returns is -0.16.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PFG and RIME?
Over the past 3 years, PFG and RIME moved with a correlation of -0.16, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.31) runs below the 3-year figure (-0.16). Over 5 years the correlation is -0.14, and the annualized covariance of weekly returns is -712.7 %².
Among the 32 assets we track against PFG, RIME ranks #25 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months PFG outperformed by 130.5 percentage points (+43.9% for PFG against -86.6% for RIME). Risk is not evenly split, since RIME carries 8.6 times the volatility of the other side.
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.
PFG vs RIME: side by side
| PFG (Principal Financial Group) | RIME (Algorhythm Holdings, Inc.) | |
|---|---|---|
| 1-year return | +43.9% | -86.6% |
| 5-year return | +99.7% | -100.0% |
| Volatility (ann.) | 22.9% | 197.4% |
| Beta vs S&P 500 | 0.88 | -0.17 |
| Max drawdown (3Y) | -22.4% | -99.9% |
| Market cap | $24.0B | – |
| P/E (trailing) | 16.0 | – |
| Dividend yield | 2.84% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | PFG | RIME |
|---|---|---|
| 2022 | +20.1% | -43.3% |
| 2023 | -2.8% | -77.1% |
| 2024 | +1.9% | -91.1% |
| 2025 | +18.4% | -94.4% |
| 2026 | +29.3% | -72.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PFG and RIME good diversifiers for each other?
Yes: at -0.16, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between PFG and RIME?
As of 2026-08-27, the correlation of weekly returns between PFG and RIME is -0.16 over 3 years, -0.31 over 1 year and -0.14 over 5 years.
Is RIME a good diversifier for PFG?
Yes: at -0.16, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.16 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/pfg-vs-rime.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/pfg-vs-rime/)
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Related comparisons
Hubs: PFG correlations · RIME correlations
