CHCI vs RGTI: Correlation
How closely do Comstock Holding Companies, Inc. (CHCI) and Rigetti Computing, Inc. (RGTI) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHCI and RGTI?
Over the past 3 years, CHCI and RGTI moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.27) sits close to the 3-year figure. Over 5 years the correlation is -0.07, and the annualized covariance of weekly returns is -1561.7 %².
RGTI is close to the least connected end of CHCI's tracked universe, ranking #8 of 10. The trailing year gives CHCI the advantage: +14.1% versus +6.8%, a 7.3-point spread. One caveat on sizing: RGTI is 2.3 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.
CHCI vs RGTI: side by side
| CHCI (Comstock Holding Companies, Inc.) | RGTI (Rigetti Computing, Inc.) | |
|---|---|---|
| 1-year return | +14.1% | +6.8% |
| 5-year return | +236.2% | +69.5% |
| Volatility (ann.) | 56.1% | 129.7% |
| Beta vs S&P 500 | -0.23 | 2.64 |
| Max drawdown (3Y) | -47.9% | -77.1% |
| Market cap | $0.2B | $5.5B |
| P/E (trailing) | 8.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CHCI | RGTI |
|---|---|---|
| 2022 | -12.4% | -92.9% |
| 2023 | +4.2% | +35.1% |
| 2024 | +82.4% | +1449.2% |
| 2025 | +43.8% | +45.2% |
| 2026 | +71.0% | -25.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHCI and RGTI good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CHCI and RGTI?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.27 over the last year and -0.07 over 5 years.
Is RGTI a good diversifier for CHCI?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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/chci-vs-rgti.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/chci-vs-rgti/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CHCI correlations · RGTI correlations
