EHGO vs WVVI: Correlation
How closely do Eshallgo Inc. - Class A (EHGO) and Willamette Valley Vineyards, Inc. (WVVI) trade together? Their weekly returns over three years give a correlation of -0.41, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EHGO and WVVI?
Over the past 3 years, EHGO and WVVI moved with a correlation of -0.41, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.46) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -2492.5 %².
Out of 66 assets tracked against EHGO, WVVI lands near the bottom at #66. Their recent paths diverged sharply: over the last 12 months WVVI outperformed by 41.5 percentage points (-90.1% for EHGO against -48.6% for WVVI). One caveat on sizing: EHGO is 3.0 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.
EHGO vs WVVI: side by side
| EHGO (Eshallgo Inc. - Class A) | WVVI (Willamette Valley Vineyards, Inc.) | |
|---|---|---|
| 1-year return | -90.1% | -48.6% |
| 5-year return | n/a | -82.5% |
| Volatility (ann.) | 127.9% | 42.6% |
| Beta vs S&P 500 | -1.42 | 0.37 |
| Max drawdown (3Y) | -98.5% | -65.4% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EHGO | WVVI |
|---|---|---|
| 2022 | – | -31.1% |
| 2023 | – | -10.2% |
| 2024 | – | -37.5% |
| 2025 | -94.4% | -9.0% |
| 2026 | -65.9% | -27.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EHGO and WVVI good diversifiers for each other?
Yes. With a correlation of -0.41, EHGO and WVVI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between EHGO and WVVI?
The EHGO/WVVI correlation stands at -0.41 on a 3-year window (1 year: -0.46, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is WVVI a good diversifier for EHGO?
Yes. With a correlation of -0.41, EHGO and WVVI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.41 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.
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Related comparisons
Hubs: EHGO correlations · WVVI correlations
