EHGO vs SWZ: Correlation
How closely do Eshallgo Inc. - Class A (EHGO) and Total Return Securities Fund (SWZ) trade together? Their weekly returns over three years give a correlation of -0.25, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EHGO and SWZ?
Over the past 3 years, EHGO and SWZ moved with a correlation of -0.25, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.05) than the 3-year average (-0.25). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -437.5 %².
By 3-year correlation, SWZ places #52 of the 66 assets tracked against EHGO. The last year tells two different stories: SWZ led by 88.9 percentage points, -90.1% for EHGO against -1.2% for SWZ. Risk is not evenly split, since EHGO carries 9.3 times the volatility of the other side.
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.
EHGO vs SWZ: side by side
| EHGO (Eshallgo Inc. - Class A) | SWZ (Total Return Securities Fund) | |
|---|---|---|
| 1-year return | -90.1% | -1.2% |
| 5-year return | n/a | +13.9% |
| Volatility (ann.) | 127.9% | 13.7% |
| Beta vs S&P 500 | -1.42 | 0.41 |
| Max drawdown (3Y) | -98.5% | -15.5% |
| Market cap | – | – |
| P/E (trailing) | – | 4.3 |
| Dividend yield | 0.00% | 2.45% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EHGO | SWZ |
|---|---|---|
| 2022 | – | -17.7% |
| 2023 | – | +15.5% |
| 2024 | – | -2.5% |
| 2025 | -94.4% | +24.1% |
| 2026 | -65.9% | -3.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EHGO and SWZ good diversifiers for each other?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
FAQ
What is the correlation between EHGO and SWZ?
As of 2026-08-27, the correlation of weekly returns between EHGO and SWZ is -0.25 over 3 years, -0.05 over 1 year and n/a over 5 years.
Is SWZ a good diversifier for EHGO?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
What does a correlation of -0.25 mean?
On the −1 to +1 scale, -0.25 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.
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Hubs: EHGO correlations · SWZ correlations
