CHSN vs USGO: Correlation
Measured on weekly returns over the past three years, Chanson International Holding - Class A (CHSN) and U.S. GoldMining Inc. (USGO) carry a correlation of 0.45, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHSN and USGO?
Over the past 3 years, CHSN and USGO moved with a correlation of 0.45, which is moderate. The link has loosened recently: the 1-year correlation (-0.10) runs below the 3-year figure (0.45). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 12245.3 %².
In CHSN's tracked universe of 18 assets, USGO sits right near the top at #2. The last year tells two different stories: USGO led by 111.4 percentage points, -99.4% for CHSN against +12.0% for USGO. One caveat on sizing: CHSN is 3.7 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 USGO: side by side
| CHSN (Chanson International Holding - Class A) | USGO (U.S. GoldMining Inc.) | |
|---|---|---|
| 1-year return | -99.4% | +12.0% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 320.2% | 85.5% |
| Beta vs S&P 500 | 0.54 | 1.08 |
| Max drawdown (3Y) | -100.0% | -53.7% |
| Market cap | – | $0.1B |
| P/E (trailing) | 0.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CHSN | USGO |
|---|---|---|
| 2024 | +318.9% | +17.9% |
| 2025 | -99.5% | +2.4% |
| 2026 | -99.5% | +10.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHSN and USGO good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CHSN and USGO?
As of 2026-08-27, the correlation of weekly returns between CHSN and USGO is 0.45 over 3 years, -0.10 over 1 year and n/a over 5 years.
Is USGO a good diversifier for CHSN?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
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/chsn-vs-usgo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/chsn-vs-usgo/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CHSN correlations · USGO correlations
