ALTI vs RUSHB: Correlation
AlTi Global, Inc. (ALTI) and Rush Enterprises, Inc. (RUSHB) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALTI and RUSHB?
Across a 3-year window, the weekly returns of ALTI and RUSHB correlate at 0.42, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.30 versus 0.42 over 3 years. Stretching to 5 years gives 0.23, with an annualized covariance of 722.7 %².
Among the 13 assets we track against ALTI, RUSHB ranks #5 by 3-year correlation. The last year tells two different stories: RUSHB led by 39.9 percentage points, -8.3% for ALTI against +31.6% for RUSHB. Note the risk asymmetry: ALTI runs 1.8 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.
ALTI vs RUSHB: side by side
| ALTI (AlTi Global, Inc.) | RUSHB (Rush Enterprises, Inc.) | |
|---|---|---|
| 1-year return | -8.3% | +31.6% |
| 5-year return | -58.9% | +185.6% |
| Volatility (ann.) | 56.3% | 30.8% |
| Beta vs S&P 500 | 1.23 | 0.88 |
| Max drawdown (3Y) | -72.2% | -28.5% |
| Market cap | $0.6B | $9.0B |
| P/E (trailing) | – | 23.1 |
| Dividend yield | 0.00% | 0.99% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ALTI | RUSHB |
|---|---|---|
| 2022 | +10.4% | +5.9% |
| 2023 | -19.7% | +43.4% |
| 2024 | -49.7% | +4.3% |
| 2025 | +5.2% | +4.8% |
| 2026 | -14.7% | +38.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALTI and RUSHB good diversifiers for each other?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ALTI and RUSHB?
Using weekly returns as of 2026-08-27: 0.42 over 3 years, with 0.30 over the last year and 0.23 over 5 years.
Is RUSHB a good diversifier for ALTI?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.42 mean?
On the −1 to +1 scale, 0.42 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/alti-vs-rushb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/alti-vs-rushb/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ALTI correlations · RUSHB correlations
