TRUG vs TWFG: Correlation
TruGolf Holdings, Inc. (TRUG) and TWFG, Inc. (TWFG) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TRUG and TWFG?
Over the past 3 years, TRUG and TWFG moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.20 lands near the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -1055.3 %².
Out of 10 assets tracked against TRUG, TWFG lands near the bottom at #8. Correlation aside, the last 12 months split them widely, with TWFG ahead by 103.2 points (-98.6% versus +4.6%). Risk is not evenly split, since TRUG carries 2.6 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.
TRUG vs TWFG: side by side
| TRUG (TruGolf Holdings, Inc.) | TWFG (TWFG, Inc.) | |
|---|---|---|
| 1-year return | -98.6% | +4.6% |
| 5-year return | -100.0% | n/a |
| Volatility (ann.) | 114.0% | 43.1% |
| Beta vs S&P 500 | 0.84 | 0.36 |
| Max drawdown (3Y) | -100.0% | -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 | TRUG | TWFG |
|---|---|---|
| 2022 | +8.1% | – |
| 2023 | +9.7% | – |
| 2024 | -94.2% | – |
| 2025 | -97.8% | -6.6% |
| 2026 | -91.7% | +1.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TRUG and TWFG good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between TRUG and TWFG?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.20 over the last year and n/a over 5 years.
Is TWFG a good diversifier for TRUG?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 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/trug-vs-twfg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/trug-vs-twfg/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: TRUG correlations · TWFG correlations
