GAIA vs KE: Correlation
Gaia, Inc. (GAIA) and Kimball Electronics, Inc. (KE) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GAIA and KE?
On 3 years of weekly data the GAIA/KE correlation comes out at 0.40, moderate. The link has loosened recently: the 1-year correlation (0.27) runs below the 3-year figure (0.40). The 5-year figure is 0.33, and annualized covariance runs at 937.0 %².
KE is one of the assets that tracks GAIA most closely: it ranks #1 out of the 12 assets we track against GAIA. Correlation aside, the last 12 months split them widely, with KE ahead by 56.6 points (-71.6% versus -15.0%).
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.
GAIA vs KE: side by side
| GAIA (Gaia, Inc.) | KE (Kimball Electronics, Inc.) | |
|---|---|---|
| 1-year return | -71.6% | -15.0% |
| 5-year return | -83.8% | +0.6% |
| Volatility (ann.) | 55.6% | 42.0% |
| Beta vs S&P 500 | 0.80 | 1.22 |
| Max drawdown (3Y) | -81.3% | -58.5% |
| Market cap | – | $0.6B |
| P/E (trailing) | – | 21.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GAIA | KE |
|---|---|---|
| 2022 | -72.2% | +3.8% |
| 2023 | +13.4% | +19.3% |
| 2024 | +66.3% | -30.5% |
| 2025 | -19.2% | +48.5% |
| 2026 | -56.2% | -13.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GAIA and KE good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between GAIA and KE?
As of 2026-08-27, the correlation of weekly returns between GAIA and KE is 0.40 over 3 years, 0.27 over 1 year and 0.33 over 5 years.
Is KE a good diversifier for GAIA?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.40 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gaia-vs-ke.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gaia-vs-ke/)
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Related comparisons
Hubs: GAIA correlations · KE correlations
