ASST vs SLE: Correlation
Measured on weekly returns over the past three years, Strive, Inc. (ASST) and Super League Enterprise, Inc. (SLE) carry a correlation of -0.23, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASST and SLE?
On 3 years of weekly data the ASST/SLE correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.12) runs above the 3-year figure (-0.23). The 5-year figure is n/a, and annualized covariance runs at -21012.0 %².
Within ASST's tracked universe of 58 assets, SLE comes in at #28 by 3-year correlation. Over the last 12 months ASST came out ahead by 10.5 percentage points (-80.4% against -90.9%). Note the risk asymmetry: ASST runs 5.7 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 SLE: side by side
| ASST (Strive, Inc.) | SLE (Super League Enterprise, Inc.) | |
|---|---|---|
| 1-year return | -80.4% | -90.9% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 723.1% | 126.8% |
| Beta vs S&P 500 | -1.01 | 1.87 |
| Max drawdown (3Y) | -97.2% | -99.9% |
| Market cap | $2.1B | $0.2B |
| P/E (trailing) | – | 0.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASST | SLE |
|---|---|---|
| 2022 | – | -85.8% |
| 2023 | – | -77.4% |
| 2024 | -84.6% | -59.3% |
| 2025 | +50.3% | -97.5% |
| 2026 | +56.6% | -48.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASST and SLE good diversifiers for each other?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
FAQ
What is the correlation between ASST and SLE?
Using weekly returns as of 2026-08-27: -0.23 over 3 years, with 0.12 over the last year and n/a over 5 years.
Is SLE a good diversifier for ASST?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
What does a correlation of -0.23 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
$ curl https://www.pairbook.io/api/v1/pairs/asst-vs-sle.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/asst-vs-sle/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ASST correlations · SLE correlations
