EYPT vs GBLI: Correlation
EyePoint, Inc. (EYPT) and Global Indemnity Group, LLC - Class A (GBLI) show a negative relationship: their 3-year correlation of weekly returns is -0.26.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EYPT and GBLI?
Over the past 3 years, EYPT and GBLI moved with a correlation of -0.26, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.07) than the 3-year average (-0.26). Over 5 years the correlation is -0.17, and the annualized covariance of weekly returns is -805.7 %².
GBLI is close to the least connected end of EYPT's tracked universe, ranking #19 of 21. The last year tells two different stories: GBLI led by 64.7 percentage points, -60.9% for EYPT against +3.8% for GBLI. One caveat on sizing: EYPT is 6.4 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.
EYPT vs GBLI: side by side
| EYPT (EyePoint, Inc.) | GBLI (Global Indemnity Group, LLC - Class A) | |
|---|---|---|
| 1-year return | -60.9% | +3.8% |
| 5-year return | -54.3% | +37.0% |
| Volatility (ann.) | 141.5% | 22.2% |
| Beta vs S&P 500 | 2.40 | 0.09 |
| Max drawdown (3Y) | -86.1% | -28.4% |
| Market cap | $0.4B | $0.4B |
| P/E (trailing) | – | 12.1 |
| Dividend yield | 0.00% | 4.89% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EYPT | GBLI |
|---|---|---|
| 2022 | -71.4% | -3.4% |
| 2023 | +560.3% | +42.8% |
| 2024 | -67.8% | +16.6% |
| 2025 | +145.2% | -17.6% |
| 2026 | -74.7% | +4.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EYPT and GBLI good diversifiers for each other?
Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between EYPT and GBLI?
As of 2026-08-27, the correlation of weekly returns between EYPT and GBLI is -0.26 over 3 years, -0.07 over 1 year and -0.17 over 5 years.
Is GBLI a good diversifier for EYPT?
Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.26 mean?
A reading of -0.26 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/eypt-vs-gbli.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/eypt-vs-gbli/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: EYPT correlations · GBLI correlations
