ASG vs MIR: Correlation
Measured on weekly returns over the past three years, Liberty All-Star Growth Fund, Inc. (ASG) and Mirion Technologies, Inc. (MIR) carry a correlation of 0.56, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASG and MIR?
On 3 years of weekly data the ASG/MIR correlation comes out at 0.56, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.40 versus 0.56 over 3 years. The 5-year figure is 0.52, and annualized covariance runs at 425.1 %².
By 3-year correlation, MIR places #29 of the 52 assets tracked against ASG. Correlation aside, the last 12 months split them widely, with ASG ahead by 30.6 points (+3.3% versus -27.3%). One caveat on sizing: MIR is 2.3 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.
ASG vs MIR: side by side
| ASG (Liberty All-Star Growth Fund, Inc.) | MIR (Mirion Technologies, Inc.) | |
|---|---|---|
| 1-year return | +3.3% | -27.3% |
| 5-year return | -5.6% | +49.5% |
| Volatility (ann.) | 18.3% | 41.2% |
| Beta vs S&P 500 | 1.12 | 1.53 |
| Max drawdown (3Y) | -25.3% | -51.0% |
| Market cap | $0.3B | $3.7B |
| P/E (trailing) | 23.9 | 165.0 |
| Dividend yield | 8.76% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASG | MIR |
|---|---|---|
| 2022 | -40.9% | -36.9% |
| 2023 | +16.2% | +55.1% |
| 2024 | +16.8% | +70.2% |
| 2025 | +2.2% | +34.2% |
| 2026 | +6.0% | -36.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASG and MIR good diversifiers for each other?
To a limited degree. At 0.56 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between ASG and MIR?
Using weekly returns as of 2026-08-27: 0.56 over 3 years, with 0.40 over the last year and 0.52 over 5 years.
Is MIR a good diversifier for ASG?
To a limited degree. At 0.56 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.56 mean?
On the −1 to +1 scale, 0.56 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/asg-vs-mir.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/asg-vs-mir/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ASG correlations · MIR correlations
