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ASST vs BRK.B: Correlation

How closely do Strive, Inc. (ASST) and Berkshire Hathaway (BRK.B) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.20
negative
Correlation (1Y)
-0.14
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
-2311.1
%² · weekly, annualized

How correlated are ASST and BRK.B?

Over the past 3 years, ASST and BRK.B moved with a correlation of -0.20, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.14 lands near the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -2311.1 %².

Among the 58 assets we track against ASST, BRK.B ranks #20 by 3-year correlation. Correlation aside, the last 12 months split them widely, with BRK.B ahead by 82.0 points (-80.4% versus +1.6%). Note the risk asymmetry: ASST runs 45.5 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.

ASST vs BRK.B: side by side

ASST (Strive, Inc.)BRK.B (Berkshire Hathaway)
1-year return-80.4%+1.6%
5-year returnn/a+76.3%
Volatility (ann.)723.1%15.9%
Beta vs S&P 500-1.010.43
Max drawdown (3Y)-97.2%-14.9%
Market cap$2.1B$1,078.3B
P/E (trailing)12.7
Dividend yield0.00%0.00%
Sector / categoryUS ListedFinancials
Smaller drawdown: BRK.B -14.9% vs -97.2%
-91%0%+87%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. ASST · BRK.B

Year-by-year returns

YearASSTBRK.B
2022+3.3%
2023+15.5%
2024-84.6%+27.1%
2025+50.3%+10.9%
2026+56.6%+0.2%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ASST and BRK.B good diversifiers for each other?

By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.

FAQ

What is the correlation between ASST and BRK.B?

The ASST/BRK.B correlation stands at -0.20 on a 3-year window (1 year: -0.14, 5 years: n/a), computed from weekly returns as of 2026-08-27.

Is BRK.B a good diversifier for ASST?

By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.

What does a correlation of -0.20 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.

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ASST vs BRK.B: 3-year weekly correlation -0.20ASST vs BRK.B-0.20

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Hubs: ASST correlations · BRK.B correlations