PairBook
HomeTGTX › TGTX vs TREE

TGTX vs TREE: Correlation

Measured on weekly returns over the past three years, TG Therapeutics, Inc. (TGTX) and LendingTree, Inc. (TREE) carry a correlation of 0.49, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.49
moderate
Correlation (1Y)
0.25
last 12 months
Correlation (5Y)
0.46
long-run
Ann. covariance
2569.2
%² · weekly, annualized

How correlated are TGTX and TREE?

On 3 years of weekly data the TGTX/TREE correlation comes out at 0.49, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.25 versus 0.49 over 3 years. The 5-year figure is 0.46, and annualized covariance runs at 2569.2 %².

Few assets follow TGTX as closely as TREE, which ranks #3 of 11 tracked partners. The last year tells two different stories: TGTX led by 153.2 percentage points, +95.0% for TGTX against -58.2% for TREE.

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.

TGTX vs TREE: side by side

TGTX (TG Therapeutics, Inc.)TREE (LendingTree, Inc.)
1-year return+95.0%-58.2%
5-year return+108.6%-83.0%
Volatility (ann.)68.7%76.1%
Beta vs S&P 5001.091.99
Max drawdown (3Y)-42.0%-63.0%
Market cap$8.5B$0.4B
P/E (trailing)20.12.3
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: TREE 2.3 vs 20.1Smaller drawdown: TGTX -42.0% vs -63.0%Higher 5y return: TGTX +108.6% vs -83.0%
-61%0%+77%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. TGTX · TREE

Year-by-year returns

YearTGTXTREE
2022-37.7%-82.6%
2023+44.4%+42.1%
2024+76.2%+27.8%
2025-1.0%+37.0%
2026+86.9%-46.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are TGTX and TREE good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between TGTX and TREE?

As of 2026-08-27, the correlation of weekly returns between TGTX and TREE is 0.49 over 3 years, 0.25 over 1 year and 0.46 over 5 years.

Is TREE a good diversifier for TGTX?

Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.49 mean?

On the −1 to +1 scale, 0.49 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/tgtx-vs-tree.json

TGTX vs TREE: 3-year weekly correlation 0.49TGTX vs TREE0.49

Drop this badge in a README or notebook; it updates with the data:

[![TGTX vs TREE correlation](https://www.pairbook.io/api/v1/badge/tgtx-vs-tree.svg)](https://www.pairbook.io/pair/tgtx-vs-tree/)

Free with attribution; caching and terms are described in the API documentation.

Related comparisons

Hubs: TGTX correlations · TREE correlations