ASST vs XRN: Correlation
How closely do Strive, Inc. (ASST) and Chiron Real Estate Inc. (XRN) 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 XRN?
Over the past 3 years, ASST and XRN moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.17 versus -0.22 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -4640.8 %².
Within ASST's tracked universe of 58 assets, XRN comes in at #26 by 3-year correlation. Correlation aside, the last 12 months split them widely, with XRN ahead by 86.3 points (-80.4% versus +5.9%). One caveat on sizing: ASST is 24.5 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 XRN: side by side
| ASST (Strive, Inc.) | XRN (Chiron Real Estate Inc.) | |
|---|---|---|
| 1-year return | -80.4% | +5.9% |
| 5-year return | n/a | -27.0% |
| Volatility (ann.) | 723.1% | 29.5% |
| Beta vs S&P 500 | -1.01 | 0.62 |
| Max drawdown (3Y) | -97.2% | -39.2% |
| Market cap | $2.1B | $0.5B |
| P/E (trailing) | – | 10.1 |
| Dividend yield | 0.00% | 6.11% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASST | XRN |
|---|---|---|
| 2022 | – | -42.4% |
| 2023 | – | +27.9% |
| 2024 | -84.6% | -23.6% |
| 2025 | +50.3% | -4.1% |
| 2026 | +56.6% | +13.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASST and XRN good diversifiers for each other?
Yes. With a correlation of -0.22, ASST and XRN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ASST and XRN?
The ASST/XRN correlation stands at -0.22 on a 3-year window (1 year: 0.17, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is XRN a good diversifier for ASST?
Yes. With a correlation of -0.22, ASST and XRN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
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-xrn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/asst-vs-xrn/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ASST correlations · XRN correlations
