EDUC vs GJP: Correlation
How closely do Educational Development Corporation (EDUC) and Synthetic Fixed-Income Securities, Inc. on behalf of STRATS (GJP) trade together? Their weekly returns over three years give a correlation of 0.27, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EDUC and GJP?
Over the past 3 years, EDUC and GJP moved with a correlation of 0.27, which is weak. Little has changed lately, as the 1-year reading of 0.37 lands near the 3-year figure. Over 5 years the correlation is 0.18, and the annualized covariance of weekly returns is 174.8 %².
By 3-year correlation, GJP places #4 of the 14 assets tracked against EDUC. The last year tells two different stories: EDUC led by 20.3 percentage points, +25.9% for EDUC against +5.6% for GJP. One caveat on sizing: EDUC is 6.1 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.
EDUC vs GJP: side by side
| EDUC (Educational Development Corporation) | GJP (Synthetic Fixed-Income Securities, Inc. on behalf of STRATS) | |
|---|---|---|
| 1-year return | +25.9% | +5.6% |
| 5-year return | -85.6% | +30.4% |
| Volatility (ann.) | 62.4% | 10.3% |
| Beta vs S&P 500 | 0.67 | 0.13 |
| Max drawdown (3Y) | -63.5% | -5.8% |
| Market cap | – | – |
| P/E (trailing) | 5.7 | – |
| Dividend yield | 0.00% | – |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EDUC | GJP |
|---|---|---|
| 2022 | -64.6% | +4.2% |
| 2023 | -63.3% | +7.1% |
| 2024 | +42.2% | +7.2% |
| 2025 | -20.0% | +5.2% |
| 2026 | +3.0% | +2.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EDUC and GJP good diversifiers for each other?
A fair diversifier. At 0.27, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between EDUC and GJP?
Using weekly returns as of 2026-08-27: 0.27 over 3 years, with 0.37 over the last year and 0.18 over 5 years.
Is GJP a good diversifier for EDUC?
A fair diversifier. At 0.27, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.27 mean?
On the −1 to +1 scale, 0.27 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/educ-vs-gjp.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/educ-vs-gjp/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: EDUC correlations · GJP correlations
