GDHG vs XTIA: Correlation
How closely do Golden Heaven Group Holdings Ltd. - Class A (GDHG) and XTI Aerospace, Inc. (XTIA) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GDHG and XTIA?
On 3 years of weekly data the GDHG/XTIA correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.11) than the 3-year average (-0.22). The 5-year figure is n/a, and annualized covariance runs at -5602.1 %².
Among the 13 assets we track against GDHG, XTIA sits near the bottom by co-movement, at rank #10. Correlation aside, the last 12 months split them widely, with XTIA ahead by 52.4 points (-77.4% versus -25.0%). Note the risk asymmetry: GDHG runs 1.6 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 XTIA: side by side
| GDHG (Golden Heaven Group Holdings Ltd. - Class A) | XTIA (XTI Aerospace, Inc.) | |
|---|---|---|
| 1-year return | -77.4% | -25.0% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 203.3% | 127.5% |
| Beta vs S&P 500 | 1.20 | 0.29 |
| Max drawdown (3Y) | -100.0% | -100.0% |
| Market cap | – | $0.1B |
| P/E (trailing) | 0.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GDHG | XTIA |
|---|---|---|
| 2022 | – | -96.2% |
| 2023 | – | -96.7% |
| 2024 | -93.7% | -99.2% |
| 2025 | -99.8% | -88.5% |
| 2026 | -31.8% | +11.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GDHG and XTIA good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between GDHG and XTIA?
The GDHG/XTIA correlation stands at -0.22 on a 3-year window (1 year: -0.11, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is XTIA a good diversifier for GDHG?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
A reading of -0.22 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/gdhg-vs-xtia.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gdhg-vs-xtia/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GDHG correlations · XTIA correlations
