PHGE vs TWFG: Correlation
BiomX Inc. (PHGE) and TWFG, Inc. (TWFG) show a negative relationship: their 3-year correlation of weekly returns is -0.26.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PHGE and TWFG?
On 3 years of weekly data the PHGE/TWFG correlation comes out at -0.26, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.37 versus -0.26 over 3 years. The 5-year figure is n/a, and annualized covariance runs at -1616.1 %².
TWFG is close to the least connected end of PHGE's tracked universe, ranking #19 of 21. Correlation aside, the last 12 months split them widely, with TWFG ahead by 103.3 points (-98.7% versus +4.6%). Note the risk asymmetry: PHGE runs 3.4 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.
PHGE vs TWFG: side by side
| PHGE (BiomX Inc.) | TWFG (TWFG, Inc.) | |
|---|---|---|
| 1-year return | -98.7% | +4.6% |
| 5-year return | -100.0% | n/a |
| Volatility (ann.) | 147.0% | 43.1% |
| Beta vs S&P 500 | 0.33 | 0.36 |
| Max drawdown (3Y) | -99.9% | -52.7% |
| Market cap | – | $0.4B |
| P/E (trailing) | – | 52.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PHGE | TWFG |
|---|---|---|
| 2022 | -88.3% | – |
| 2023 | +49.7% | – |
| 2024 | -73.9% | – |
| 2025 | -86.5% | -6.6% |
| 2026 | -92.9% | +1.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PHGE and TWFG good diversifiers for each other?
Yes. With a correlation of -0.26, PHGE and TWFG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between PHGE and TWFG?
Using weekly returns as of 2026-08-27: -0.26 over 3 years, with -0.37 over the last year and n/a over 5 years.
Is TWFG a good diversifier for PHGE?
Yes. With a correlation of -0.26, PHGE and TWFG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.26 mean?
On the −1 to +1 scale, -0.26 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
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Related comparisons
Hubs: PHGE correlations · TWFG correlations
