CISS vs GAIA: Correlation
C3is Inc. (CISS) and Gaia, Inc. (GAIA) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CISS and GAIA?
Over the past 3 years, CISS and GAIA moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.40) runs below the 3-year figure (-0.24). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -28524.6 %².
By 3-year correlation, GAIA places #25 of the 42 assets tracked against CISS. Their recent paths diverged sharply: over the last 12 months GAIA outperformed by 27.9 percentage points (-99.5% for CISS against -71.6% for GAIA). Risk is not evenly split, since CISS carries 37.7 times the volatility of the other side.
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.
CISS vs GAIA: side by side
| CISS (C3is Inc.) | GAIA (Gaia, Inc.) | |
|---|---|---|
| 1-year return | -99.5% | -71.6% |
| 5-year return | n/a | -83.8% |
| Volatility (ann.) | 2098.5% | 55.6% |
| Beta vs S&P 500 | 2.24 | 0.80 |
| Max drawdown (3Y) | -100.0% | -81.3% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CISS | GAIA |
|---|---|---|
| 2022 | – | -72.2% |
| 2023 | – | +13.4% |
| 2024 | -98.9% | +66.3% |
| 2025 | -97.3% | -19.2% |
| 2026 | -93.4% | -56.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CISS and GAIA good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CISS and GAIA?
Using weekly returns as of 2026-08-27: -0.24 over 3 years, with -0.40 over the last year and n/a over 5 years.
Is GAIA a good diversifier for CISS?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 mean?
On the −1 to +1 scale, -0.24 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/ciss-vs-gaia.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ciss-vs-gaia/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CISS correlations · GAIA correlations
