COCO vs CRF: Correlation
How closely do The Vita Coco Company, Inc. (COCO) and Cornerstone Total Return Fund, Inc. (The) (CRF) trade together? Their weekly returns over three years give a correlation of 0.39, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COCO and CRF?
Over the past 3 years, COCO and CRF moved with a correlation of 0.39, which is moderate. Recent behaviour matches the longer record: 0.35 over 1 year against 0.39 over 3. Over 5 years the correlation is 0.24, and the annualized covariance of weekly returns is 402.3 %².
In COCO's tracked universe of 10 assets, CRF sits right near the top at #3. The last year tells two different stories: COCO led by 79.6 percentage points, +77.9% for COCO against -1.7% for CRF. One caveat on sizing: COCO is 2.2 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.
COCO vs CRF: side by side
| COCO (The Vita Coco Company, Inc.) | CRF (Cornerstone Total Return Fund, Inc. (The)) | |
|---|---|---|
| 1-year return | +77.9% | -1.7% |
| 5-year return | +355.8% | +29.2% |
| Volatility (ann.) | 48.3% | 21.5% |
| Beta vs S&P 500 | 1.00 | 0.91 |
| Max drawdown (3Y) | -38.5% | -29.6% |
| Market cap | $3.6B | $1.1B |
| P/E (trailing) | 34.6 | 6.3 |
| Dividend yield | 0.00% | 21.80% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | COCO | CRF |
|---|---|---|
| 2022 | +23.7% | -36.7% |
| 2023 | +85.6% | +19.4% |
| 2024 | +43.9% | +44.5% |
| 2025 | +43.6% | +12.5% |
| 2026 | +16.3% | -9.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COCO and CRF good diversifiers for each other?
Reasonably. At 0.39, COCO and CRF keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between COCO and CRF?
The COCO/CRF correlation stands at 0.39 on a 3-year window (1 year: 0.35, 5 years: 0.24), computed from weekly returns as of 2026-08-27.
Is CRF a good diversifier for COCO?
Reasonably. At 0.39, COCO and CRF keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.39 mean?
On the −1 to +1 scale, 0.39 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.
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Related comparisons
Hubs: COCO correlations · CRF correlations
