ASST vs BGS: Correlation
Strive, Inc. (ASST) and B&G Foods, Inc. (BGS) show a negative relationship: their 3-year correlation of weekly returns is -0.33.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASST and BGS?
Over the past 3 years, ASST and BGS moved with a correlation of -0.33, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.19 versus -0.33 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -12978.5 %².
Among the 58 assets we track against ASST, BGS ranks #52 by 3-year correlation. The last year tells two different stories: BGS led by 69.2 percentage points, -80.4% for ASST against -11.2% for BGS. One caveat on sizing: ASST is 13.3 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.
ASST vs BGS: side by side
| ASST (Strive, Inc.) | BGS (B&G Foods, Inc.) | |
|---|---|---|
| 1-year return | -80.4% | -11.2% |
| 5-year return | n/a | -80.9% |
| Volatility (ann.) | 723.1% | 54.4% |
| Beta vs S&P 500 | -1.01 | 0.09 |
| Max drawdown (3Y) | -97.2% | -63.6% |
| Market cap | $2.1B | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 18.84% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASST | BGS |
|---|---|---|
| 2022 | – | -60.7% |
| 2023 | – | +0.3% |
| 2024 | -84.6% | -28.3% |
| 2025 | +50.3% | -26.8% |
| 2026 | +56.6% | -14.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASST and BGS good diversifiers for each other?
By historical standards, yes. A correlation of -0.33 means the two rarely move for the same reasons.
FAQ
What is the correlation between ASST and BGS?
As of 2026-08-27, the correlation of weekly returns between ASST and BGS is -0.33 over 3 years, -0.19 over 1 year and n/a over 5 years.
Is BGS a good diversifier for ASST?
By historical standards, yes. A correlation of -0.33 means the two rarely move for the same reasons.
What does a correlation of -0.33 mean?
A reading of -0.33 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: ASST correlations · BGS correlations
