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ABOS vs GROW: Correlation

Acumen Pharmaceuticals, Inc. (ABOS) and U.S. Global Investors, Inc. (GROW) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.

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

Correlation (3Y)
0.41
moderate
Correlation (1Y)
0.58
last 12 months
Correlation (5Y)
0.24
long-run
Ann. covariance
950.3
%² · weekly, annualized

How correlated are ABOS and GROW?

Across a 3-year window, the weekly returns of ABOS and GROW correlate at 0.41, moderate. The link has tightened recently: the 1-year correlation (0.58) runs above the 3-year figure (0.41). Stretching to 5 years gives 0.24, with an annualized covariance of 950.3 %².

By 3-year correlation, GROW places #9 of the 19 assets tracked against ABOS. The last year tells two different stories: ABOS led by 75.1 percentage points, +118.0% for ABOS against +42.9% for GROW. Note the risk asymmetry: ABOS runs 2.9 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.

ABOS vs GROW: side by side

ABOS (Acumen Pharmaceuticals, Inc.)GROW (U.S. Global Investors, Inc.)
1-year return+118.0%+42.9%
5-year return-83.9%-37.2%
Volatility (ann.)82.5%28.4%
Beta vs S&P 5002.300.57
Max drawdown (3Y)-85.8%-32.2%
Market cap$0.2B
P/E (trailing)13.4
Dividend yield0.00%2.69%
Sector / categoryUS ListedUS Listed
Higher yield: GROW 2.69% vs 0.00%Smaller drawdown: GROW -32.2% vs -85.8%Higher 5y return: GROW -37.2% vs -83.9%
-12%0%+130%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. ABOS · GROW

Year-by-year returns

YearABOSGROW
2022-20.1%-32.6%
2023-28.9%+0.9%
2024-55.2%-10.2%
2025+22.7%+2.9%
2026+43.6%+42.2%

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

Are ABOS and GROW good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between ABOS and GROW?

Using weekly returns as of 2026-08-27: 0.41 over 3 years, with 0.58 over the last year and 0.24 over 5 years.

Is GROW a good diversifier for ABOS?

Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.41 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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ABOS vs GROW: 3-year weekly correlation 0.41ABOS vs GROW0.41

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Related comparisons

Hubs: ABOS correlations · GROW correlations