CART vs CRF: Correlation
How closely do Maplebear Inc. (CART) and Cornerstone Total Return Fund, Inc. (The) (CRF) trade together? Their weekly returns over three years give a correlation of 0.40, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CART and CRF?
Over the past 3 years, CART and CRF moved with a correlation of 0.40, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.18 versus 0.40 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 345.5 %².
By 3-year correlation, CRF places #5 of the 11 assets tracked against CART. Their recent paths diverged sharply: over the last 12 months CART outperformed by 18.3 percentage points (+16.6% for CART against -1.7% for CRF). One caveat on sizing: CART is 1.8 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.
CART vs CRF: side by side
| CART (Maplebear Inc.) | CRF (Cornerstone Total Return Fund, Inc. (The)) | |
|---|---|---|
| 1-year return | +16.6% | -1.7% |
| 5-year return | n/a | +29.2% |
| Volatility (ann.) | 39.6% | 21.5% |
| Beta vs S&P 500 | 0.96 | 0.91 |
| Max drawdown (3Y) | -38.0% | -29.6% |
| Market cap | $11.7B | $1.1B |
| P/E (trailing) | 27.7 | 6.3 |
| Dividend yield | 0.00% | 21.80% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CART | CRF |
|---|---|---|
| 2022 | – | -36.7% |
| 2023 | – | +19.4% |
| 2024 | +76.5% | +44.5% |
| 2025 | +8.6% | +12.5% |
| 2026 | +12.2% | -9.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CART and CRF good diversifiers for each other?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CART and CRF?
As of 2026-08-27, the correlation of weekly returns between CART and CRF is 0.40 over 3 years, 0.18 over 1 year and n/a over 5 years.
Is CRF a good diversifier for CART?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.40 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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Related comparisons
Hubs: CART correlations · CRF correlations
