ASA vs VOXR: Correlation
How closely do ASA Gold and Precious Metals Limited (ASA) and Vox Royalty Corp. (VOXR) trade together? Their weekly returns over three years give a correlation of 0.55, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASA and VOXR?
On 3 years of weekly data the ASA/VOXR correlation comes out at 0.55, moderate. The past 12 months show a tighter link (0.74) than the 3-year average (0.55). The 5-year figure is 0.50, and annualized covariance runs at 1020.3 %².
Among the 59 assets we track against ASA, VOXR ranks #49 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ASA ahead by 15.9 points (+77.0% versus +61.1%).
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.
ASA vs VOXR: side by side
| ASA (ASA Gold and Precious Metals Limited) | VOXR (Vox Royalty Corp.) | |
|---|---|---|
| 1-year return | +77.0% | +61.1% |
| 5-year return | +218.5% | +197.9% |
| Volatility (ann.) | 42.5% | 43.7% |
| Beta vs S&P 500 | 0.92 | 0.63 |
| Max drawdown (3Y) | -40.8% | -35.2% |
| Market cap | – | $0.4B |
| P/E (trailing) | 1.7 | 8.3 |
| Dividend yield | 0.11% | 0.96% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASA | VOXR |
|---|---|---|
| 2022 | -32.1% | -14.8% |
| 2023 | +5.4% | -9.9% |
| 2024 | +34.5% | +15.8% |
| 2025 | +195.6% | +105.5% |
| 2026 | +9.5% | +22.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASA and VOXR good diversifiers for each other?
Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ASA and VOXR?
Using weekly returns as of 2026-08-27: 0.55 over 3 years, with 0.74 over the last year and 0.50 over 5 years.
Is VOXR a good diversifier for ASA?
Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.55 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/asa-vs-voxr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/asa-vs-voxr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ASA correlations · VOXR correlations
