AEI vs BTBT: Correlation
How closely do Alset Inc. (AEI) and Bit Digital, Inc. (BTBT) trade together? Their weekly returns over three years give a correlation of 0.34, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AEI and BTBT?
Over the past 3 years, AEI and BTBT moved with a correlation of 0.34, which is moderate. Recent behaviour matches the longer record: 0.37 over 1 year against 0.34 over 3. Over 5 years the correlation is 0.29, and the annualized covariance of weekly returns is 3093.7 %².
By 3-year correlation, BTBT places #4 of the 14 assets tracked against AEI. Correlation aside, the last 12 months split them widely, with AEI ahead by 43.4 points (+1.4% versus -42.0%).
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.
AEI vs BTBT: side by side
| AEI (Alset Inc.) | BTBT (Bit Digital, Inc.) | |
|---|---|---|
| 1-year return | +1.4% | -42.0% |
| 5-year return | -96.4% | -87.6% |
| Volatility (ann.) | 106.1% | 85.4% |
| Beta vs S&P 500 | 1.79 | 2.24 |
| Max drawdown (3Y) | -76.1% | -78.1% |
| Market cap | $0.1B | $0.6B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AEI | BTBT |
|---|---|---|
| 2022 | -79.4% | -90.1% |
| 2023 | -55.2% | +605.0% |
| 2024 | -1.0% | -30.7% |
| 2025 | +237.3% | -35.5% |
| 2026 | -57.3% | -15.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AEI and BTBT good diversifiers for each other?
Reasonably. At 0.34, AEI and BTBT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AEI and BTBT?
The AEI/BTBT correlation stands at 0.34 on a 3-year window (1 year: 0.37, 5 years: 0.29), computed from weekly returns as of 2026-08-27.
Is BTBT a good diversifier for AEI?
Reasonably. At 0.34, AEI and BTBT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.34 mean?
A reading of 0.34 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aei-vs-btbt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aei-vs-btbt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AEI correlations · BTBT correlations
