ASST vs WHG: Correlation
How closely do Strive, Inc. (ASST) and Westwood Holdings Group Inc (WHG) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASST and WHG?
On 3 years of weekly data the ASST/WHG correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.07) runs above the 3-year figure (-0.22). The 5-year figure is n/a, and annualized covariance runs at -5212.1 %².
Within ASST's tracked universe of 58 assets, WHG comes in at #25 by 3-year correlation. The last year tells two different stories: WHG led by 94.8 percentage points, -80.4% for ASST against +14.4% for WHG. Risk is not evenly split, since ASST carries 21.8 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 WHG: side by side
| ASST (Strive, Inc.) | WHG (Westwood Holdings Group Inc) | |
|---|---|---|
| 1-year return | -80.4% | +14.4% |
| 5-year return | n/a | +12.6% |
| Volatility (ann.) | 723.1% | 33.1% |
| Beta vs S&P 500 | -1.01 | 0.61 |
| Max drawdown (3Y) | -97.2% | -21.2% |
| Market cap | $2.1B | $0.2B |
| P/E (trailing) | – | 22.8 |
| Dividend yield | 0.00% | 3.02% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASST | WHG |
|---|---|---|
| 2022 | – | -31.4% |
| 2023 | – | +19.0% |
| 2024 | -84.6% | +20.9% |
| 2025 | +50.3% | +23.1% |
| 2026 | +56.6% | +17.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASST and WHG good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between ASST and WHG?
The ASST/WHG correlation stands at -0.22 on a 3-year window (1 year: 0.07, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is WHG a good diversifier for ASST?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 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-whg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/asst-vs-whg/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ASST correlations · WHG correlations
