PFX vs TTGT: Correlation
Measured on weekly returns over the past three years, PhenixFIN Corporation (PFX) and TechTarget, Inc. (TTGT) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PFX and TTGT?
Over the past 3 years, PFX and TTGT moved with a correlation of -0.25, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.41) runs below the 3-year figure (-0.25). Over 5 years the correlation is -0.18, and the annualized covariance of weekly returns is -353.1 %².
Within PFX's tracked universe of 18 assets, TTGT comes in at #13 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months PFX outperformed by 43.6 percentage points (+7.9% for PFX against -35.7% for TTGT). One caveat on sizing: TTGT is 2.7 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.
PFX vs TTGT: side by side
| PFX (PhenixFIN Corporation) | TTGT (TechTarget, Inc.) | |
|---|---|---|
| 1-year return | +7.9% | -35.7% |
| 5-year return | +36.0% | -95.3% |
| Volatility (ann.) | 22.8% | 62.4% |
| Beta vs S&P 500 | 0.08 | 1.47 |
| Max drawdown (3Y) | -29.6% | -91.4% |
| Market cap | $0.1B | $0.3B |
| P/E (trailing) | 22.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PFX | TTGT |
|---|---|---|
| 2022 | -25.5% | -53.9% |
| 2023 | +36.1% | -20.9% |
| 2024 | +23.3% | -43.1% |
| 2025 | -10.1% | -72.8% |
| 2026 | +19.6% | -27.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PFX and TTGT good diversifiers for each other?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
FAQ
What is the correlation between PFX and TTGT?
Using weekly returns as of 2026-08-27: -0.25 over 3 years, with -0.41 over the last year and -0.18 over 5 years.
Is TTGT a good diversifier for PFX?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
What does a correlation of -0.25 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/pfx-vs-ttgt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/pfx-vs-ttgt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PFX correlations · TTGT correlations
