CG vs FLL: Correlation
The Carlyle Group Inc. (CG) and Full House Resorts, Inc. (FLL) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CG and FLL?
Across a 3-year window, the weekly returns of CG and FLL correlate at 0.45, moderate. The link has loosened recently: the 1-year correlation (0.32) runs below the 3-year figure (0.45). Stretching to 5 years gives 0.42, with an annualized covariance of 980.6 %².
Out of 21 assets tracked against CG, FLL lands near the bottom at #17. Correlation aside, the last 12 months split them widely, with CG ahead by 23.8 points (-21.8% versus -45.6%). Note the risk asymmetry: FLL runs 1.6 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.
CG vs FLL: side by side
| CG (The Carlyle Group Inc.) | FLL (Full House Resorts, Inc.) | |
|---|---|---|
| 1-year return | -21.8% | -45.6% |
| 5-year return | +18.0% | -75.5% |
| Volatility (ann.) | 36.8% | 59.8% |
| Beta vs S&P 500 | 1.68 | 1.44 |
| Max drawdown (3Y) | -40.4% | -66.2% |
| Market cap | $17.5B | $0.1B |
| P/E (trailing) | 50.8 | – |
| Dividend yield | 2.86% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CG | FLL |
|---|---|---|
| 2022 | -43.8% | -37.9% |
| 2023 | +42.6% | -28.6% |
| 2024 | +28.1% | -24.0% |
| 2025 | +20.2% | -36.0% |
| 2026 | -14.9% | -21.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CG and FLL good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CG and FLL?
Using weekly returns as of 2026-08-27: 0.45 over 3 years, with 0.32 over the last year and 0.42 over 5 years.
Is FLL a good diversifier for CG?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.45 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/cg-vs-fll.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cg-vs-fll/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CG correlations · FLL correlations
