ASGI vs ZTR: Correlation
abrdn Global Infrastructure Income Fund (ASGI) and Virtus Total Return Fund Inc. (ZTR) show a strong relationship: their 3-year correlation of weekly returns is 0.64.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASGI and ZTR?
On 3 years of weekly data the ASGI/ZTR correlation comes out at 0.64, strong. Lately the two have drifted apart, with the 1-year correlation at 0.51 versus 0.64 over 3 years. The 5-year figure is 0.65, and annualized covariance runs at 170.1 %².
Within ASGI's tracked universe of 10 assets, ZTR comes in at #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ASGI outperformed by 17.4 percentage points (+35.4% for ASGI against +18.0% for ZTR).
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 ZTR: side by side
| ASGI (abrdn Global Infrastructure Income Fund) | ZTR (Virtus Total Return Fund Inc.) | |
|---|---|---|
| 1-year return | +35.4% | +18.0% |
| 5-year return | +97.5% | +27.0% |
| Volatility (ann.) | 19.0% | 14.0% |
| Beta vs S&P 500 | 0.50 | 0.40 |
| Max drawdown (3Y) | -15.1% | -18.3% |
| Market cap | $0.8B | $0.3B |
| P/E (trailing) | 4.8 | 5.7 |
| Dividend yield | 0.00% | 8.75% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASGI | ZTR |
|---|---|---|
| 2022 | -10.5% | -21.3% |
| 2023 | +14.5% | -3.2% |
| 2024 | +10.3% | +18.3% |
| 2025 | +44.2% | +18.6% |
| 2026 | +20.2% | +15.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASGI and ZTR good diversifiers for each other?
To a limited degree. At 0.64 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 ASGI and ZTR?
The ASGI/ZTR correlation stands at 0.64 on a 3-year window (1 year: 0.51, 5 years: 0.65), computed from weekly returns as of 2026-08-27.
Is ZTR a good diversifier for ASGI?
To a limited degree. At 0.64 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 0.64 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/asgi-vs-ztr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/asgi-vs-ztr/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ASGI correlations · ZTR correlations
