AIOS vs QH: Correlation
AIOS Tech Inc. - Class A (AIOS) and Quhuo Limited - Class A (QH) show a strong relationship: their 3-year correlation of weekly returns is 0.62.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIOS and QH?
Across a 3-year window, the weekly returns of AIOS and QH correlate at 0.62, strong. The link has tightened recently: the 1-year correlation (0.84) runs above the 3-year figure (0.62). Stretching to 5 years gives 0.57, with an annualized covariance of 129900.8 %².
Few assets follow AIOS as closely as QH, which ranks #1 of 14 tracked partners. Correlation aside, the last 12 months split them widely, with QH ahead by 70.5 points (-78.6% versus -8.1%). Note the risk asymmetry: QH runs 8.9 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.
AIOS vs QH: side by side
| AIOS (AIOS Tech Inc. - Class A) | QH (Quhuo Limited - Class A) | |
|---|---|---|
| 1-year return | -78.6% | -8.1% |
| 5-year return | -99.1% | -100.0% |
| Volatility (ann.) | 153.4% | 1360.1% |
| Beta vs S&P 500 | 1.61 | 5.77 |
| Max drawdown (3Y) | -98.1% | -100.0% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIOS | QH |
|---|---|---|
| 2022 | -82.2% | -98.9% |
| 2023 | -29.8% | +22.5% |
| 2024 | +67.7% | -0.7% |
| 2025 | -84.1% | -99.2% |
| 2026 | -21.6% | +290.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIOS and QH good diversifiers for each other?
Somewhat, no more. With 0.62 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between AIOS and QH?
The AIOS/QH correlation stands at 0.62 on a 3-year window (1 year: 0.84, 5 years: 0.57), computed from weekly returns as of 2026-08-27.
Is QH a good diversifier for AIOS?
Somewhat, no more. With 0.62 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.62 mean?
On the −1 to +1 scale, 0.62 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/aios-vs-qh.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aios-vs-qh/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AIOS correlations · QH correlations
