ASGI vs RQI: Correlation
How closely do abrdn Global Infrastructure Income Fund (ASGI) and Cohen & Steers Quality Income Realty Fund Inc (RQI) trade together? Their weekly returns over three years give a correlation of 0.64, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASGI and RQI?
On 3 years of weekly data the ASGI/RQI correlation comes out at 0.64, strong. The relationship has been stable: the 1-year correlation (0.55) sits close to the 3-year figure. The 5-year figure is 0.65, and annualized covariance runs at 263.8 %².
Among the 10 assets we track against ASGI, RQI ranks #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ASGI ahead by 26.8 points (+35.4% versus +8.6%).
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.
ASGI vs RQI: side by side
| ASGI (abrdn Global Infrastructure Income Fund) | RQI (Cohen & Steers Quality Income Realty Fund Inc) | |
|---|---|---|
| 1-year return | +35.4% | +8.6% |
| 5-year return | +97.5% | +16.3% |
| Volatility (ann.) | 19.0% | 21.6% |
| Beta vs S&P 500 | 0.50 | 0.77 |
| Max drawdown (3Y) | -15.1% | -21.0% |
| Market cap | $0.8B | $1.7B |
| P/E (trailing) | 4.8 | 35.2 |
| Dividend yield | 0.00% | 7.74% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASGI | RQI |
|---|---|---|
| 2022 | -10.5% | -31.1% |
| 2023 | +14.5% | +15.7% |
| 2024 | +10.3% | +8.0% |
| 2025 | +44.2% | +2.1% |
| 2026 | +20.2% | +14.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASGI and RQI good diversifiers for each other?
Somewhat, no more. With 0.64 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ASGI and RQI?
As of 2026-08-27, the correlation of weekly returns between ASGI and RQI is 0.64 over 3 years, 0.55 over 1 year and 0.65 over 5 years.
Is RQI a good diversifier for ASGI?
Somewhat, no more. With 0.64 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.64 mean?
On the −1 to +1 scale, 0.64 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/asgi-vs-rqi.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/asgi-vs-rqi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ASGI correlations · RQI correlations
