AIIO vs GDRX: Correlation
Robo.ai Inc. - Class B (AIIO) and GoodRx Holdings, Inc. (GDRX) 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 AIIO and GDRX?
On 3 years of weekly data the AIIO/GDRX correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.23 lands near the 3-year figure. The 5-year figure is -0.13, and annualized covariance runs at -4028.3 %².
By 3-year correlation, GDRX places #20 of the 35 assets tracked against AIIO. Correlation aside, the last 12 months split them widely, with GDRX ahead by 69.3 points (-91.3% versus -22.0%). Note the risk asymmetry: AIIO runs 4.5 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.
AIIO vs GDRX: side by side
| AIIO (Robo.ai Inc. - Class B) | GDRX (GoodRx Holdings, Inc.) | |
|---|---|---|
| 1-year return | -91.3% | -22.0% |
| 5-year return | -98.8% | -90.5% |
| Volatility (ann.) | 280.6% | 62.1% |
| Beta vs S&P 500 | 0.74 | 1.14 |
| Max drawdown (3Y) | -99.7% | -79.3% |
| Market cap | $0.4B | $1.2B |
| P/E (trailing) | – | 58.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIIO | GDRX |
|---|---|---|
| 2022 | -9.2% | -85.7% |
| 2023 | -27.5% | +43.8% |
| 2024 | -91.0% | -30.6% |
| 2025 | -56.6% | -41.7% |
| 2026 | -61.3% | +29.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIIO and GDRX good diversifiers for each other?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AIIO and GDRX?
The AIIO/GDRX correlation stands at -0.23 on a 3-year window (1 year: -0.23, 5 years: -0.13), computed from weekly returns as of 2026-08-27.
Is GDRX a good diversifier for AIIO?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
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/aiio-vs-gdrx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aiio-vs-gdrx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AIIO correlations · GDRX correlations
