CWD vs GDC: Correlation
CaliberCos Inc. (CWD) and GD Culture Group Limited (GDC) show a moderate relationship: their 3-year correlation of weekly returns is 0.34.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CWD and GDC?
Over the past 3 years, CWD and GDC moved with a correlation of 0.34, which is moderate. The link has tightened recently: the 1-year correlation (0.51) runs above the 3-year figure (0.34). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 12101.6 %².
Within CWD's tracked universe of 16 assets, GDC comes in at #9 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months CWD outperformed by 33.3 percentage points (-66.5% for CWD against -99.8% for GDC).
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.
CWD vs GDC: side by side
| CWD (CaliberCos Inc.) | GDC (GD Culture Group Limited) | |
|---|---|---|
| 1-year return | -66.5% | -99.8% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 194.6% | 181.6% |
| Beta vs S&P 500 | 1.40 | 1.33 |
| Max drawdown (3Y) | -98.7% | -99.9% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CWD | GDC |
|---|---|---|
| 2022 | – | -93.5% |
| 2023 | – | +23.0% |
| 2024 | -45.8% | -26.5% |
| 2025 | -91.1% | +125.4% |
| 2026 | -54.0% | -99.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CWD and GDC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CWD and GDC?
Using weekly returns as of 2026-08-27: 0.34 over 3 years, with 0.51 over the last year and n/a over 5 years.
Is GDC a good diversifier for CWD?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.34 mean?
On the −1 to +1 scale, 0.34 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/cwd-vs-gdc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cwd-vs-gdc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CWD correlations · GDC correlations
