CHSN vs TIP: Correlation
Measured on weekly returns over the past three years, Chanson International Holding - Class A (CHSN) and iShares TIPS Bond ETF (TIP) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHSN and TIP?
Across a 3-year window, the weekly returns of CHSN and TIP correlate at -0.21, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.20 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of -290.1 %².
By 3-year correlation, TIP places #11 of the 18 assets tracked against CHSN. Correlation aside, the last 12 months split them widely, with TIP ahead by 100.8 points (-99.4% versus +1.4%). One caveat on sizing: CHSN is 72.8 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.
CHSN vs TIP: side by side
| CHSN (Chanson International Holding - Class A) | TIP (iShares TIPS Bond ETF) | |
|---|---|---|
| 1-year return | -99.4% | +1.4% |
| 5-year return | n/a | +1.2% |
| Volatility (ann.) | 320.2% | 4.4% |
| Beta vs S&P 500 | 0.54 | 0.05 |
| Max drawdown (3Y) | -100.0% | -3.7% |
| Market cap | – | – |
| P/E (trailing) | 0.4 | – |
| Dividend yield | 0.00% | 4.47% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $14.6B |
| Sector / category | US Listed | ETF · Bonds |
TIP is an Inflation-Protected Bond fund from iShares: $14.6B under management, a 0.18% expense ratio, a 4.47% trailing dividend yield.
Year-by-year returns
| Year | CHSN | TIP |
|---|---|---|
| 2022 | – | -12.3% |
| 2023 | – | +3.8% |
| 2024 | +318.9% | +1.7% |
| 2025 | -99.5% | +6.8% |
| 2026 | -99.5% | +1.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHSN and TIP 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 CHSN and TIP?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.20 over the last year and n/a over 5 years.
Is TIP a good diversifier for CHSN?
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/chsn-vs-tip.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/chsn-vs-tip/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CHSN correlations · TIP correlations
