AGIG vs ISRG: Correlation
How closely do Abundia Global Impact Group Inc. (AGIG) and Intuitive Surgical (ISRG) trade together? Their weekly returns over three years give a correlation of -0.18, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGIG and ISRG?
On 3 years of weekly data the AGIG/ISRG correlation comes out at -0.18, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.07) than the 3-year average (-0.18). The 5-year figure is -0.17, and annualized covariance runs at -895.6 %².
Among the 34 assets we track against AGIG, ISRG ranks #16 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ISRG ahead by 66.6 points (-88.7% versus -22.1%). Risk is not evenly split, since AGIG carries 5.1 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.
AGIG vs ISRG: side by side
| AGIG (Abundia Global Impact Group Inc.) | ISRG (Intuitive Surgical) | |
|---|---|---|
| 1-year return | -88.7% | -22.1% |
| 5-year return | -94.6% | +4.0% |
| Volatility (ann.) | 157.1% | 31.1% |
| Beta vs S&P 500 | -0.21 | 1.20 |
| Max drawdown (3Y) | -96.7% | -45.6% |
| Market cap | – | $131.5B |
| P/E (trailing) | – | 42.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | AGIG | ISRG |
|---|---|---|
| 2022 | +140.6% | -26.1% |
| 2023 | -48.0% | +27.1% |
| 2024 | -27.9% | +54.7% |
| 2025 | -84.7% | +8.5% |
| 2026 | -51.0% | -35.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGIG and ISRG good diversifiers for each other?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AGIG and ISRG?
The AGIG/ISRG correlation stands at -0.18 on a 3-year window (1 year: -0.07, 5 years: -0.17), computed from weekly returns as of 2026-08-27.
Is ISRG a good diversifier for AGIG?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.18 mean?
On the −1 to +1 scale, -0.18 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.
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Hubs: AGIG correlations · ISRG correlations
