BG vs PSQH: Correlation
Measured on weekly returns over the past three years, Bunge Global (BG) and PSQ Holdings, Inc. (PSQH) 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 BG and PSQH?
Over the past 3 years, BG and PSQH moved with a correlation of -0.23, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.24) sits close to the 3-year figure. Over 5 years the correlation is -0.13, and the annualized covariance of weekly returns is -709.7 %².
Within BG's tracked universe of 37 assets, PSQH comes in at #29 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months BG outperformed by 109.7 percentage points (+35.2% for BG against -74.5% for PSQH). Note the risk asymmetry: PSQH runs 3.3 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.
BG vs PSQH: side by side
| BG (Bunge Global) | PSQH (PSQ Holdings, Inc.) | |
|---|---|---|
| 1-year return | +35.2% | -74.5% |
| 5-year return | +68.5% | -95.6% |
| Volatility (ann.) | 30.7% | 99.9% |
| Beta vs S&P 500 | 0.09 | 2.13 |
| Max drawdown (3Y) | -38.8% | -98.4% |
| Market cap | $21.4B | – |
| P/E (trailing) | 24.4 | – |
| Dividend yield | 2.51% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | BG | PSQH |
|---|---|---|
| 2022 | +9.3% | +3.1% |
| 2023 | +3.8% | -47.3% |
| 2024 | -20.7% | -13.4% |
| 2025 | +18.6% | -77.3% |
| 2026 | +27.5% | -59.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BG and PSQH good diversifiers for each other?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BG and PSQH?
As of 2026-08-27, the correlation of weekly returns between BG and PSQH is -0.23 over 3 years, -0.24 over 1 year and -0.13 over 5 years.
Is PSQH a good diversifier for BG?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
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/bg-vs-psqh.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bg-vs-psqh/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BG correlations · PSQH correlations
