AIIO vs GOLD: Correlation
How closely do Robo.ai Inc. - Class B (AIIO) and Gold.com, Inc. (GOLD) trade together? Their weekly returns over three years give a correlation of -0.19, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIIO and GOLD?
Over the past 3 years, AIIO and GOLD moved with a correlation of -0.19, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.33 versus -0.19 over 3 years. Over 5 years the correlation is -0.13, and the annualized covariance of weekly returns is -2526.6 %².
By 3-year correlation, GOLD places #14 of the 35 assets tracked against AIIO. Correlation aside, the last 12 months split them widely, with GOLD ahead by 195.3 points (-91.3% versus +104.0%). One caveat on sizing: AIIO is 6.0 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.
AIIO vs GOLD: side by side
| AIIO (Robo.ai Inc. - Class B) | GOLD (Gold.com, Inc.) | |
|---|---|---|
| 1-year return | -91.3% | +104.0% |
| 5-year return | -98.8% | +128.6% |
| Volatility (ann.) | 280.6% | 46.9% |
| Beta vs S&P 500 | 0.74 | 0.85 |
| Max drawdown (3Y) | -99.7% | -57.1% |
| Market cap | $0.4B | $1.3B |
| P/E (trailing) | – | 14.8 |
| Dividend yield | 0.00% | 1.76% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIIO | GOLD |
|---|---|---|
| 2022 | -9.2% | +18.4% |
| 2023 | -27.5% | -8.4% |
| 2024 | -91.0% | -7.4% |
| 2025 | -56.6% | +28.4% |
| 2026 | -61.3% | +36.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIIO and GOLD good diversifiers for each other?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AIIO and GOLD?
Using weekly returns as of 2026-08-27: -0.19 over 3 years, with -0.33 over the last year and -0.13 over 5 years.
Is GOLD a good diversifier for AIIO?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.19 mean?
A reading of -0.19 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/aiio-vs-gold.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aiio-vs-gold/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AIIO correlations · GOLD correlations
