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ASST vs MYGN: Correlation

How closely do Strive, Inc. (ASST) and Myriad Genetics, Inc. (MYGN) trade together? Their weekly returns over three years give a correlation of -0.32, which is negative.

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

Correlation (3Y)
-0.32
negative
Correlation (1Y)
0.08
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
-18768.0
%² · weekly, annualized

How correlated are ASST and MYGN?

Over the past 3 years, ASST and MYGN moved with a correlation of -0.32, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.08 versus -0.32 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -18768.0 %².

By 3-year correlation, MYGN places #51 of the 58 assets tracked against ASST. Correlation aside, the last 12 months split them widely, with MYGN ahead by 34.0 points (-80.4% versus -46.4%). One caveat on sizing: ASST is 9.0 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 MYGN: side by side

ASST (Strive, Inc.)MYGN (Myriad Genetics, Inc.)
1-year return-80.4%-46.4%
5-year returnn/a-91.1%
Volatility (ann.)723.1%80.5%
Beta vs S&P 500-1.011.49
Max drawdown (3Y)-97.2%-90.0%
Market cap$2.1B$0.3B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: MYGN -90.0% vs -97.2%
-91%0%+87%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. ASST · MYGN

Year-by-year returns

YearASSTMYGN
2022-47.4%
2023+31.9%
2024-84.6%-28.4%
2025+50.3%-55.1%
2026+56.6%-48.3%

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

Are ASST and MYGN good diversifiers for each other?

Yes: at -0.32, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between ASST and MYGN?

Using weekly returns as of 2026-08-27: -0.32 over 3 years, with 0.08 over the last year and n/a over 5 years.

Is MYGN a good diversifier for ASST?

Yes: at -0.32, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.32 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.

Use this data

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ASST vs MYGN: 3-year weekly correlation -0.32ASST vs MYGN-0.32

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Related comparisons

Hubs: ASST correlations · MYGN correlations