CURV vs GJS: Correlation
How closely do Torrid Holdings Inc. (CURV) and Goldman Sachs Group Securities STRATS Trust for Goldman (GJS) trade together? Their weekly returns over three years give a correlation of -0.23, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CURV and GJS?
Across a 3-year window, the weekly returns of CURV and GJS correlate at -0.23, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.06 versus -0.23 over 3 years. Stretching to 5 years gives -0.09, with an annualized covariance of -149.4 %².
GJS is close to the least connected end of CURV's tracked universe, ranking #8 of 10. Neither side won the trailing year by much: +1.4% against +6.3%. One caveat on sizing: CURV is 12.6 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.
CURV vs GJS: side by side
| CURV (Torrid Holdings Inc.) | GJS (Goldman Sachs Group Securities STRATS Trust for Goldman) | |
|---|---|---|
| 1-year return | +1.4% | +6.3% |
| 5-year return | -90.6% | +42.1% |
| Volatility (ann.) | 90.9% | 7.2% |
| Beta vs S&P 500 | 0.43 | 0.03 |
| Max drawdown (3Y) | -89.2% | -3.9% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | – |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CURV | GJS |
|---|---|---|
| 2022 | -70.0% | +0.8% |
| 2023 | +94.9% | +11.1% |
| 2024 | -9.4% | +10.2% |
| 2025 | -81.3% | +8.4% |
| 2026 | +129.0% | +3.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CURV and GJS good diversifiers for each other?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
FAQ
What is the correlation between CURV and GJS?
As of 2026-08-27, the correlation of weekly returns between CURV and GJS is -0.23 over 3 years, -0.06 over 1 year and -0.09 over 5 years.
Is GJS a good diversifier for CURV?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
What does a correlation of -0.23 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/curv-vs-gjs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/curv-vs-gjs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CURV correlations · GJS correlations
