AIIO vs QETA: Correlation
Robo.ai Inc. - Class B (AIIO) and Quetta Acquisition Corporation (QETA) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIIO and QETA?
On 3 years of weekly data the AIIO/QETA correlation comes out at 0.39, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.51 versus 0.39 over 3 years. The 5-year figure is n/a, and annualized covariance runs at 593.8 %².
Within AIIO's tracked universe of 35 assets, QETA comes in at #8 by 3-year correlation. The last year tells two different stories: QETA led by 96.2 percentage points, -91.3% for AIIO against +4.9% for QETA. Risk is not evenly split, since AIIO carries 54.0 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.
AIIO vs QETA: side by side
| AIIO (Robo.ai Inc. - Class B) | QETA (Quetta Acquisition Corporation) | |
|---|---|---|
| 1-year return | -91.3% | +4.9% |
| 5-year return | -98.8% | n/a |
| Volatility (ann.) | 280.6% | 5.2% |
| Beta vs S&P 500 | 0.74 | -0.04 |
| Max drawdown (3Y) | -99.7% | -5.1% |
| Market cap | $0.4B | – |
| P/E (trailing) | – | 51.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIIO | QETA |
|---|---|---|
| 2022 | -9.2% | – |
| 2023 | -27.5% | – |
| 2024 | -91.0% | +4.4% |
| 2025 | -56.6% | +7.6% |
| 2026 | -61.3% | +3.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIIO and QETA good diversifiers for each other?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AIIO and QETA?
As of 2026-08-27, the correlation of weekly returns between AIIO and QETA is 0.39 over 3 years, 0.51 over 1 year and n/a over 5 years.
Is QETA a good diversifier for AIIO?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.39 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aiio-vs-qeta.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aiio-vs-qeta/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AIIO correlations · QETA correlations
