ASST vs CODI: Correlation
Measured on weekly returns over the past three years, Strive, Inc. (ASST) and D/B/A Compass Diversified Holdings Shares of Beneficial (CODI) carry a correlation of -0.53, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASST and CODI?
Across a 3-year window, the weekly returns of ASST and CODI correlate at -0.53, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.00 versus -0.53 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of -24422.2 %².
Out of 58 assets tracked against ASST, CODI lands near the bottom at #58. Correlation aside, the last 12 months split them widely, with CODI ahead by 129.8 points (-80.4% versus +49.4%). One caveat on sizing: ASST is 11.4 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 CODI: side by side
| ASST (Strive, Inc.) | CODI (D/B/A Compass Diversified Holdings Shares of Beneficial) | |
|---|---|---|
| 1-year return | -80.4% | +49.4% |
| 5-year return | n/a | -53.0% |
| Volatility (ann.) | 723.1% | 63.2% |
| Beta vs S&P 500 | -1.01 | 1.45 |
| Max drawdown (3Y) | -97.2% | -80.3% |
| Market cap | $2.1B | $0.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASST | CODI |
|---|---|---|
| 2022 | – | -37.7% |
| 2023 | – | +29.4% |
| 2024 | -84.6% | +7.5% |
| 2025 | +50.3% | -78.6% |
| 2026 | +56.6% | +134.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASST and CODI good diversifiers for each other?
By historical standards, yes. A correlation of -0.53 means the two rarely move for the same reasons.
FAQ
What is the correlation between ASST and CODI?
Using weekly returns as of 2026-08-27: -0.53 over 3 years, with -0.00 over the last year and n/a over 5 years.
Is CODI a good diversifier for ASST?
By historical standards, yes. A correlation of -0.53 means the two rarely move for the same reasons.
What does a correlation of -0.53 mean?
A reading of -0.53 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
$ curl https://www.pairbook.io/api/v1/pairs/asst-vs-codi.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/asst-vs-codi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ASST correlations · CODI correlations
