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ASST vs SRPT: Correlation

Strive, Inc. (ASST) and Sarepta Therapeutics, Inc. (SRPT) show a negative relationship: their 3-year correlation of weekly returns is -0.30.

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

Correlation (3Y)
-0.30
negative
Correlation (1Y)
0.05
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
-16503.1
%² · weekly, annualized

How correlated are ASST and SRPT?

On 3 years of weekly data the ASST/SRPT correlation comes out at -0.30, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.05) runs above the 3-year figure (-0.30). The 5-year figure is n/a, and annualized covariance runs at -16503.1 %².

Among the 58 assets we track against ASST, SRPT ranks #48 by 3-year correlation. The last year tells two different stories: SRPT led by 99.9 percentage points, -80.4% for ASST against +19.5% for SRPT. Note the risk asymmetry: ASST runs 9.6 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 SRPT: side by side

ASST (Strive, Inc.)SRPT (Sarepta Therapeutics, Inc.)
1-year return-80.4%+19.5%
5-year returnn/a-71.5%
Volatility (ann.)723.1%75.7%
Beta vs S&P 500-1.011.09
Max drawdown (3Y)-97.2%-92.7%
Market cap$2.1B$2.3B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: SRPT -92.7% 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 · SRPT

Year-by-year returns

YearASSTSRPT
2022+43.9%
2023-25.6%
2024-84.6%+26.1%
2025+50.3%-82.3%
2026+56.6%+0.3%

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

Are ASST and SRPT good diversifiers for each other?

Yes. With a correlation of -0.30, ASST and SRPT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

FAQ

What is the correlation between ASST and SRPT?

As of 2026-08-27, the correlation of weekly returns between ASST and SRPT is -0.30 over 3 years, 0.05 over 1 year and n/a over 5 years.

Is SRPT a good diversifier for ASST?

Yes. With a correlation of -0.30, ASST and SRPT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

What does a correlation of -0.30 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.

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ASST vs SRPT: 3-year weekly correlation -0.30ASST vs SRPT-0.30

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Related comparisons

Hubs: ASST correlations · SRPT correlations