CODI vs RGC: Correlation
Measured on weekly returns over the past three years, D/B/A Compass Diversified Holdings Shares of Beneficial (CODI) and Regencell Bioscience Holdings Limited (RGC) carry a correlation of -0.35, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CODI and RGC?
Over the past 3 years, CODI and RGC moved with a correlation of -0.35, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.08) than the 3-year average (-0.35). Over 5 years the correlation is -0.30, and the annualized covariance of weekly returns is -9730.2 %².
RGC is close to the least connected end of CODI's tracked universe, ranking #15 of 17. Their recent paths diverged sharply: over the last 12 months CODI outperformed by 110.6 percentage points (+49.4% for CODI against -61.2% for RGC). One caveat on sizing: RGC is 7.0 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.
CODI vs RGC: side by side
| CODI (D/B/A Compass Diversified Holdings Shares of Beneficial) | RGC (Regencell Bioscience Holdings Limited) | |
|---|---|---|
| 1-year return | +49.4% | -61.2% |
| 5-year return | -53.0% | +626.3% |
| Volatility (ann.) | 63.2% | 441.0% |
| Beta vs S&P 500 | 1.45 | -2.00 |
| Max drawdown (3Y) | -80.3% | -93.9% |
| Market cap | $0.8B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CODI | RGC |
|---|---|---|
| 2022 | -37.7% | -12.4% |
| 2023 | +29.4% | -62.4% |
| 2024 | +7.5% | -53.0% |
| 2025 | -78.6% | +16053.8% |
| 2026 | +134.4% | -73.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CODI and RGC good diversifiers for each other?
Yes: at -0.35, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CODI and RGC?
The CODI/RGC correlation stands at -0.35 on a 3-year window (1 year: 0.08, 5 years: -0.30), computed from weekly returns as of 2026-08-27.
Is RGC a good diversifier for CODI?
Yes: at -0.35, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.35 mean?
A reading of -0.35 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/codi-vs-rgc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/codi-vs-rgc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CODI correlations · RGC correlations
