TWFG vs VNDA: Correlation
TWFG, Inc. (TWFG) and Vanda Pharmaceuticals Inc. (VNDA) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TWFG and VNDA?
Over the past 3 years, TWFG and VNDA moved with a correlation of 0.40, which is moderate. The relationship has been stable: the 1-year correlation (0.48) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 1061.7 %².
Among the 23 assets we track against TWFG, VNDA ranks #9 by 3-year correlation. The trailing year gives VNDA the advantage: +4.6% versus +17.7%, a 13.1-point spread.
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.
TWFG vs VNDA: side by side
| TWFG (TWFG, Inc.) | VNDA (Vanda Pharmaceuticals Inc.) | |
|---|---|---|
| 1-year return | +4.6% | +17.7% |
| 5-year return | n/a | -67.8% |
| Volatility (ann.) | 43.1% | 63.1% |
| Beta vs S&P 500 | 0.36 | 0.55 |
| Max drawdown (3Y) | -52.7% | -48.4% |
| Market cap | $0.4B | $0.3B |
| P/E (trailing) | 52.2 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | TWFG | VNDA |
|---|---|---|
| 2022 | – | -52.9% |
| 2023 | – | -42.9% |
| 2024 | – | +13.5% |
| 2025 | -6.6% | +84.1% |
| 2026 | +1.7% | -38.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TWFG and VNDA good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between TWFG and VNDA?
As of 2026-08-27, the correlation of weekly returns between TWFG and VNDA is 0.40 over 3 years, 0.48 over 1 year and n/a over 5 years.
Is VNDA a good diversifier for TWFG?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.40 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
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Related comparisons
Hubs: TWFG correlations · VNDA correlations
