CHPT vs EOSE: Correlation
ChargePoint Holdings, Inc. (CHPT) and Eos Energy Enterprises, Inc. (EOSE) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHPT and EOSE?
On 3 years of weekly data the CHPT/EOSE correlation comes out at 0.46, moderate. Recent behaviour matches the longer record: 0.46 over 1 year against 0.46 over 3. The 5-year figure is 0.44, and annualized covariance runs at 3786.8 %².
By 3-year correlation, EOSE places #8 of the 16 assets tracked against CHPT. Twelve-month performance is nearly a tie, at -49.1% for CHPT and -52.0% for EOSE.
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.
CHPT vs EOSE: side by side
| CHPT (ChargePoint Holdings, Inc.) | EOSE (Eos Energy Enterprises, Inc.) | |
|---|---|---|
| 1-year return | -49.1% | -52.0% |
| 5-year return | -98.6% | -73.5% |
| Volatility (ann.) | 76.7% | 107.4% |
| Beta vs S&P 500 | 2.40 | 2.71 |
| Max drawdown (3Y) | -97.0% | -83.6% |
| Market cap | $0.2B | $1.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CHPT | EOSE |
|---|---|---|
| 2022 | -50.0% | -80.3% |
| 2023 | -75.4% | -26.4% |
| 2024 | -54.3% | +345.9% |
| 2025 | -69.0% | +135.8% |
| 2026 | -12.2% | -70.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHPT and EOSE good diversifiers for each other?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CHPT and EOSE?
As of 2026-08-27, the correlation of weekly returns between CHPT and EOSE is 0.46 over 3 years, 0.46 over 1 year and 0.44 over 5 years.
Is EOSE a good diversifier for CHPT?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.46 mean?
On the −1 to +1 scale, 0.46 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/chpt-vs-eose.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/chpt-vs-eose/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CHPT correlations · EOSE correlations
