AGIG vs SIEB: Correlation
Abundia Global Impact Group Inc. (AGIG) and Siebert Financial Corp. (SIEB) show a negative relationship: their 3-year correlation of weekly returns is -0.23.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGIG and SIEB?
Across a 3-year window, the weekly returns of AGIG and SIEB correlate at -0.23, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.31) sits close to the 3-year figure. Stretching to 5 years gives -0.09, with an annualized covariance of -2086.5 %².
Within AGIG's tracked universe of 34 assets, SIEB comes in at #24 by 3-year correlation. The last year tells two different stories: SIEB led by 60.1 percentage points, -88.7% for AGIG against -28.6% for SIEB. One caveat on sizing: AGIG is 2.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 SIEB: side by side
| AGIG (Abundia Global Impact Group Inc.) | SIEB (Siebert Financial Corp.) | |
|---|---|---|
| 1-year return | -88.7% | -28.6% |
| 5-year return | -94.6% | -48.4% |
| Volatility (ann.) | 157.1% | 56.9% |
| Beta vs S&P 500 | -0.21 | 0.90 |
| Max drawdown (3Y) | -96.7% | -70.6% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AGIG | SIEB |
|---|---|---|
| 2022 | +140.6% | -41.4% |
| 2023 | -48.0% | +23.5% |
| 2024 | -27.9% | +88.1% |
| 2025 | -84.7% | +11.1% |
| 2026 | -51.0% | -43.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGIG and SIEB good diversifiers for each other?
Yes. With a correlation of -0.23, AGIG and SIEB have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AGIG and SIEB?
As of 2026-08-27, the correlation of weekly returns between AGIG and SIEB is -0.23 over 3 years, -0.31 over 1 year and -0.09 over 5 years.
Is SIEB a good diversifier for AGIG?
Yes. With a correlation of -0.23, AGIG and SIEB have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.23 mean?
On the −1 to +1 scale, -0.23 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/agig-vs-sieb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/agig-vs-sieb/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AGIG correlations · SIEB correlations
