ASG vs SLP: Correlation
Liberty All-Star Growth Fund, Inc. (ASG) and Simulations Plus, Inc. (SLP) show a moderate relationship: their 3-year correlation of weekly returns is 0.43.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASG and SLP?
Over the past 3 years, ASG and SLP moved with a correlation of 0.43, which is moderate. Little has changed lately, as the 1-year reading of 0.48 lands near the 3-year figure. Over 5 years the correlation is 0.48, and the annualized covariance of weekly returns is 443.9 %².
Within ASG's tracked universe of 52 assets, SLP comes in at #47 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months SLP outperformed by 25.0 percentage points (+3.3% for ASG against +28.3% for SLP). Note the risk asymmetry: SLP runs 3.1 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.
ASG vs SLP: side by side
| ASG (Liberty All-Star Growth Fund, Inc.) | SLP (Simulations Plus, Inc.) | |
|---|---|---|
| 1-year return | +3.3% | +28.3% |
| 5-year return | -5.6% | -58.0% |
| Volatility (ann.) | 18.3% | 55.9% |
| Beta vs S&P 500 | 1.12 | 1.34 |
| Max drawdown (3Y) | -25.3% | -77.7% |
| Market cap | $0.3B | $0.4B |
| P/E (trailing) | 23.9 | 46.0 |
| Dividend yield | 8.76% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASG | SLP |
|---|---|---|
| 2022 | -40.9% | -22.3% |
| 2023 | +16.2% | +23.1% |
| 2024 | +16.8% | -37.4% |
| 2025 | +2.2% | -34.6% |
| 2026 | +6.0% | +1.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASG and SLP good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ASG and SLP?
The ASG/SLP correlation stands at 0.43 on a 3-year window (1 year: 0.48, 5 years: 0.48), computed from weekly returns as of 2026-08-27.
Is SLP a good diversifier for ASG?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.43 mean?
A reading of 0.43 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
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Related comparisons
Hubs: ASG correlations · SLP correlations
