CRSR vs SPCE: Correlation
Corsair Gaming, Inc. (CRSR) and Virgin Galactic Holdings, Inc. (SPCE) show a moderate relationship: their 3-year correlation of weekly returns is 0.53.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRSR and SPCE?
Over the past 3 years, CRSR and SPCE moved with a correlation of 0.53, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.69 versus 0.53 over 3 years. Over 5 years the correlation is 0.51, and the annualized covariance of weekly returns is 3814.0 %².
Few assets follow CRSR as closely as SPCE, which ranks #3 of 19 tracked partners. Correlation aside, the last 12 months split them widely, with CRSR ahead by 38.4 points (+35.5% versus -2.9%).
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.
CRSR vs SPCE: side by side
| CRSR (Corsair Gaming, Inc.) | SPCE (Virgin Galactic Holdings, Inc.) | |
|---|---|---|
| 1-year return | +35.5% | -2.9% |
| 5-year return | -57.7% | -99.4% |
| Volatility (ann.) | 71.0% | 100.5% |
| Beta vs S&P 500 | 2.22 | 2.82 |
| Max drawdown (3Y) | -71.3% | -96.0% |
| Market cap | $1.3B | $0.5B |
| P/E (trailing) | 38.6 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRSR | SPCE |
|---|---|---|
| 2022 | -35.4% | -74.0% |
| 2023 | +3.9% | -29.6% |
| 2024 | -53.1% | -88.0% |
| 2025 | -10.1% | -45.4% |
| 2026 | +101.7% | -6.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRSR and SPCE good diversifiers for each other?
To a limited degree. At 0.53 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between CRSR and SPCE?
As of 2026-08-27, the correlation of weekly returns between CRSR and SPCE is 0.53 over 3 years, 0.69 over 1 year and 0.51 over 5 years.
Is SPCE a good diversifier for CRSR?
To a limited degree. At 0.53 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.53 mean?
On the −1 to +1 scale, 0.53 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/crsr-vs-spce.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/crsr-vs-spce/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CRSR correlations · SPCE correlations
