CBOE vs STI: Correlation
Measured on weekly returns over the past three years, Cboe Global Markets (CBOE) and Solidion Technology, Inc. (STI) carry a correlation of -0.33, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CBOE and STI?
Across a 3-year window, the weekly returns of CBOE and STI correlate at -0.33, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.45) than the 3-year average (-0.33). Stretching to 5 years gives -0.29, with an annualized covariance of -3950.4 %².
Out of 39 assets tracked against CBOE, STI lands near the bottom at #37. The last year tells two different stories: STI led by 112.9 percentage points, +32.5% for CBOE against +145.4% for STI. Risk is not evenly split, since STI carries 17.6 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.
CBOE vs STI: side by side
| CBOE (Cboe Global Markets) | STI (Solidion Technology, Inc.) | |
|---|---|---|
| 1-year return | +32.5% | +145.4% |
| 5-year return | +168.0% | -98.5% |
| Volatility (ann.) | 26.1% | 458.4% |
| Beta vs S&P 500 | 0.09 | -1.02 |
| Max drawdown (3Y) | -36.7% | -99.5% |
| Market cap | $32.8B | $0.1B |
| P/E (trailing) | 24.5 | – |
| Dividend yield | 0.92% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | CBOE | STI |
|---|---|---|
| 2022 | -2.2% | – |
| 2023 | +44.4% | -24.1% |
| 2024 | +10.7% | -90.9% |
| 2025 | +29.2% | -79.7% |
| 2026 | +25.7% | +9.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CBOE and STI good diversifiers for each other?
Yes: at -0.33, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CBOE and STI?
The CBOE/STI correlation stands at -0.33 on a 3-year window (1 year: -0.45, 5 years: -0.29), computed from weekly returns as of 2026-08-27.
Is STI a good diversifier for CBOE?
Yes: at -0.33, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.33 mean?
On the −1 to +1 scale, -0.33 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cboe-vs-sti.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cboe-vs-sti/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CBOE correlations · STI correlations
