ASST vs GILD: Correlation
How closely do Strive, Inc. (ASST) and Gilead Sciences (GILD) trade together? Their weekly returns over three years give a correlation of -0.18, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASST and GILD?
Across a 3-year window, the weekly returns of ASST and GILD correlate at -0.18, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.16 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of -3143.5 %².
Among the 58 assets we track against ASST, GILD ranks #18 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months GILD outperformed by 114.5 percentage points (-80.4% for ASST against +34.1% for GILD). One caveat on sizing: ASST is 30.0 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 GILD: side by side
| ASST (Strive, Inc.) | GILD (Gilead Sciences) | |
|---|---|---|
| 1-year return | -80.4% | +34.1% |
| 5-year return | n/a | +148.1% |
| Volatility (ann.) | 723.1% | 24.1% |
| Beta vs S&P 500 | -1.01 | 0.33 |
| Max drawdown (3Y) | -97.2% | -26.6% |
| Market cap | $2.1B | $184.6B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 2.17% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | ASST | GILD |
|---|---|---|
| 2022 | – | +23.6% |
| 2023 | – | -2.0% |
| 2024 | -84.6% | +18.7% |
| 2025 | +50.3% | +36.6% |
| 2026 | +56.6% | +22.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASST and GILD good diversifiers for each other?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ASST and GILD?
As of 2026-08-27, the correlation of weekly returns between ASST and GILD is -0.18 over 3 years, -0.16 over 1 year and n/a over 5 years.
Is GILD a good diversifier for ASST?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.18 mean?
On the −1 to +1 scale, -0.18 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: ASST correlations · GILD correlations
