GDHG vs LXEO: Correlation
Golden Heaven Group Holdings Ltd. - Class A (GDHG) and Lexeo Therapeutics, Inc. (LXEO) 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 GDHG and LXEO?
Over the past 3 years, GDHG and LXEO moved with a correlation of 0.40, which is moderate. Lately the two have drifted apart, with the 1-year correlation at -0.03 versus 0.40 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 8001.8 %².
Within GDHG's tracked universe of 13 assets, LXEO comes in at #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with LXEO ahead by 80.3 points (-77.4% versus +2.9%). Note the risk asymmetry: GDHG runs 2.0 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
GDHG vs LXEO: side by side
| GDHG (Golden Heaven Group Holdings Ltd. - Class A) | LXEO (Lexeo Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -77.4% | +2.9% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 203.3% | 103.0% |
| Beta vs S&P 500 | 1.20 | 2.10 |
| Max drawdown (3Y) | -100.0% | -90.5% |
| Market cap | – | $0.4B |
| P/E (trailing) | 0.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GDHG | LXEO |
|---|---|---|
| 2024 | -93.7% | -51.0% |
| 2025 | -99.8% | +50.9% |
| 2026 | -31.8% | -49.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GDHG and LXEO good diversifiers for each other?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GDHG and LXEO?
The GDHG/LXEO correlation stands at 0.40 on a 3-year window (1 year: -0.03, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is LXEO a good diversifier for GDHG?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.40 mean?
On the −1 to +1 scale, 0.40 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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Related comparisons
Hubs: GDHG correlations · LXEO correlations
