ASST vs IART: Correlation
How closely do Strive, Inc. (ASST) and Integra LifeSciences Holdings Corporation (IART) trade together? Their weekly returns over three years give a correlation of -0.25, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASST and IART?
Across a 3-year window, the weekly returns of ASST and IART correlate at -0.25, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.05 versus -0.25 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of -10632.4 %².
Within ASST's tracked universe of 58 assets, IART comes in at #31 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months IART outperformed by 93.7 percentage points (-80.4% for ASST against +13.3% for IART). Note the risk asymmetry: ASST runs 12.5 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 IART: side by side
| ASST (Strive, Inc.) | IART (Integra LifeSciences Holdings Corporation) | |
|---|---|---|
| 1-year return | -80.4% | +13.3% |
| 5-year return | n/a | -77.0% |
| Volatility (ann.) | 723.1% | 58.0% |
| Beta vs S&P 500 | -1.01 | 1.66 |
| Max drawdown (3Y) | -97.2% | -80.3% |
| Market cap | $2.1B | $1.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASST | IART |
|---|---|---|
| 2022 | – | -16.3% |
| 2023 | – | -22.3% |
| 2024 | -84.6% | -47.9% |
| 2025 | +50.3% | -45.2% |
| 2026 | +56.6% | +35.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASST and IART good diversifiers for each other?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ASST and IART?
As of 2026-08-27, the correlation of weekly returns between ASST and IART is -0.25 over 3 years, -0.05 over 1 year and n/a over 5 years.
Is IART a good diversifier for ASST?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.25 mean?
A reading of -0.25 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-iart.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/asst-vs-iart/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ASST correlations · IART correlations
