GAIA vs REZI: Correlation
Measured on weekly returns over the past three years, Gaia, Inc. (GAIA) and Resideo Technologies, Inc. (REZI) carry a correlation of 0.37, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GAIA and REZI?
Across a 3-year window, the weekly returns of GAIA and REZI correlate at 0.37, moderate. Recent behaviour matches the longer record: 0.47 over 1 year against 0.37 over 3. Stretching to 5 years gives 0.30, with an annualized covariance of 995.5 %².
REZI is one of the assets that tracks GAIA most closely: it ranks #3 out of the 12 assets we track against GAIA. Correlation aside, the last 12 months split them widely, with REZI ahead by 54.3 points (-71.6% versus -17.3%).
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 REZI: side by side
| GAIA (Gaia, Inc.) | REZI (Resideo Technologies, Inc.) | |
|---|---|---|
| 1-year return | -71.6% | -17.3% |
| 5-year return | -83.8% | -11.7% |
| Volatility (ann.) | 55.6% | 48.9% |
| Beta vs S&P 500 | 0.80 | 1.58 |
| Max drawdown (3Y) | -81.3% | -47.1% |
| Market cap | – | $3.0B |
| P/E (trailing) | – | 7.8 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GAIA | REZI |
|---|---|---|
| 2022 | -72.2% | -36.8% |
| 2023 | +13.4% | +14.4% |
| 2024 | +66.3% | +22.5% |
| 2025 | -19.2% | +52.4% |
| 2026 | -56.2% | -18.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GAIA and REZI good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between GAIA and REZI?
Using weekly returns as of 2026-08-27: 0.37 over 3 years, with 0.47 over the last year and 0.30 over 5 years.
Is REZI a good diversifier for GAIA?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.37 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-rezi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gaia-vs-rezi/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GAIA correlations · REZI correlations
