CODI vs GPUS: Correlation
D/B/A Compass Diversified Holdings Shares of Beneficial (CODI) and Hyperscale Data, Inc. (GPUS) show a negative relationship: their 3-year correlation of weekly returns is -0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CODI and GPUS?
Over the past 3 years, CODI and GPUS moved with a correlation of -0.44, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.04) than the 3-year average (-0.44). Over 5 years the correlation is -0.37, and the annualized covariance of weekly returns is -9364.3 %².
GPUS is close to the least connected end of CODI's tracked universe, ranking #16 of 17. The last year tells two different stories: CODI led by 87.9 percentage points, +49.4% for CODI against -38.5% for GPUS. Risk is not evenly split, since GPUS carries 5.3 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.
CODI vs GPUS: side by side
| CODI (D/B/A Compass Diversified Holdings Shares of Beneficial) | GPUS (Hyperscale Data, Inc.) | |
|---|---|---|
| 1-year return | +49.4% | -38.5% |
| 5-year return | -53.0% | -100.0% |
| Volatility (ann.) | 63.2% | 335.7% |
| Beta vs S&P 500 | 1.45 | 0.78 |
| Max drawdown (3Y) | -80.3% | -100.0% |
| Market cap | $0.8B | $0.1B |
| P/E (trailing) | – | 0.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CODI | GPUS |
|---|---|---|
| 2022 | -37.7% | -89.9% |
| 2023 | +29.4% | -99.6% |
| 2024 | +7.5% | -93.7% |
| 2025 | -78.6% | -96.3% |
| 2026 | +134.4% | +84.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CODI and GPUS good diversifiers for each other?
By historical standards, yes. A correlation of -0.44 means the two rarely move for the same reasons.
FAQ
What is the correlation between CODI and GPUS?
Using weekly returns as of 2026-08-27: -0.44 over 3 years, with -0.04 over the last year and -0.37 over 5 years.
Is GPUS a good diversifier for CODI?
By historical standards, yes. A correlation of -0.44 means the two rarely move for the same reasons.
What does a correlation of -0.44 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.
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Related comparisons
Hubs: CODI correlations · GPUS correlations
