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ASST vs WBUY: Correlation

Strive, Inc. (ASST) and WEBUY GLOBAL LTD. - Class A (WBUY) show a strong relationship: their 3-year correlation of weekly returns is 0.67.

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

Correlation (3Y)
0.67
strong
Correlation (1Y)
0.28
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
96030.0
%² · weekly, annualized

How correlated are ASST and WBUY?

Over the past 3 years, ASST and WBUY moved with a correlation of 0.67, which is strong. The past 12 months show a weaker link (0.28) than the 3-year average (0.67). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 96030.0 %².

In ASST's tracked universe of 58 assets, WBUY sits right near the top at #2. The trailing year gives WBUY the advantage: -80.4% versus -72.6%, a 7.8-point spread. Risk is not evenly split, since ASST carries 3.7 times the volatility of the other side.

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 WBUY: side by side

ASST (Strive, Inc.)WBUY (WEBUY GLOBAL LTD. - Class A)
1-year return-80.4%-72.6%
5-year returnn/an/a
Volatility (ann.)723.1%193.8%
Beta vs S&P 500-1.011.81
Max drawdown (3Y)-97.2%-99.9%
Market cap$2.1B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: ASST -97.2% vs -99.9%
-91%0%+87%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. ASST · WBUY

Year-by-year returns

YearASSTWBUY
2024-84.6%-66.1%
2025+50.3%-93.7%
2026+56.6%-33.2%

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

Are ASST and WBUY good diversifiers for each other?

To a limited degree. At 0.67 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

FAQ

What is the correlation between ASST and WBUY?

The ASST/WBUY correlation stands at 0.67 on a 3-year window (1 year: 0.28, 5 years: n/a), computed from weekly returns as of 2026-08-27.

Is WBUY a good diversifier for ASST?

To a limited degree. At 0.67 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

What does a correlation of 0.67 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 WBUY: 3-year weekly correlation 0.67ASST vs WBUY0.67

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Hubs: ASST correlations · WBUY correlations