ASPI vs OKLO: Correlation
ASP Isotopes Inc. (ASPI) and Oklo Inc. (OKLO) show a moderate relationship: their 3-year correlation of weekly returns is 0.48.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASPI and OKLO?
Over the past 3 years, ASPI and OKLO moved with a correlation of 0.48, which is moderate. Little has changed lately, as the 1-year reading of 0.54 lands near the 3-year figure. Over 5 years the correlation is 0.39, and the annualized covariance of weekly returns is 5858.8 %².
OKLO is one of the assets that tracks ASPI most closely: it ranks #1 out of the 11 assets we track against ASPI. Their recent paths diverged sharply: over the last 12 months OKLO outperformed by 18.0 percentage points (-59.9% for ASPI against -41.9% for OKLO).
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.
ASPI vs OKLO: side by side
| ASPI (ASP Isotopes Inc.) | OKLO (Oklo Inc.) | |
|---|---|---|
| 1-year return | -59.9% | -41.9% |
| 5-year return | n/a | +332.7% |
| Volatility (ann.) | 103.1% | 117.9% |
| Beta vs S&P 500 | 2.30 | 2.21 |
| Max drawdown (3Y) | -74.8% | -78.8% |
| Market cap | $0.6B | $7.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASPI | OKLO |
|---|---|---|
| 2022 | – | +0.7% |
| 2023 | +13.3% | +6.5% |
| 2024 | +153.1% | +101.0% |
| 2025 | +18.1% | +238.0% |
| 2026 | -24.5% | -40.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASPI and OKLO good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ASPI and OKLO?
The ASPI/OKLO correlation stands at 0.48 on a 3-year window (1 year: 0.54, 5 years: 0.39), computed from weekly returns as of 2026-08-27.
Is OKLO a good diversifier for ASPI?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.48 mean?
On the −1 to +1 scale, 0.48 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.
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Related comparisons
Hubs: ASPI correlations · OKLO correlations
