GIFT vs SLRC: Correlation
Giftify, Inc. (GIFT) and SLR Investment Corp. - Closed End Fund (SLRC) show a weak relationship: their 3-year correlation of weekly returns is 0.28.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GIFT and SLRC?
Over the past 3 years, GIFT and SLRC moved with a correlation of 0.28, which is weak. Lately the two have moved closer together, with the 1-year correlation at 0.45 versus 0.28 over 3 years. Over 5 years the correlation is 0.14, and the annualized covariance of weekly returns is 384.9 %².
In GIFT's tracked universe of 19 assets, SLRC sits right near the top at #3. Twelve-month performance is nearly a tie, at -20.0% for GIFT and -15.7% for SLRC. One caveat on sizing: GIFT is 3.6 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.
GIFT vs SLRC: side by side
| GIFT (Giftify, Inc.) | SLRC (SLR Investment Corp. - Closed End Fund) | |
|---|---|---|
| 1-year return | -20.0% | -15.7% |
| 5-year return | -65.3% | +11.2% |
| Volatility (ann.) | 70.2% | 19.4% |
| Beta vs S&P 500 | 0.42 | 0.56 |
| Max drawdown (3Y) | -83.5% | -22.4% |
| Market cap | – | $0.7B |
| P/E (trailing) | – | 9.2 |
| Dividend yield | 0.00% | 12.31% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GIFT | SLRC |
|---|---|---|
| 2022 | +135.8% | -16.1% |
| 2023 | +182.7% | +20.6% |
| 2024 | -72.7% | +19.1% |
| 2025 | +0.9% | +5.7% |
| 2026 | -25.8% | -14.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GIFT and SLRC good diversifiers for each other?
Reasonably. At 0.28, GIFT and SLRC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between GIFT and SLRC?
As of 2026-08-27, the correlation of weekly returns between GIFT and SLRC is 0.28 over 3 years, 0.45 over 1 year and 0.14 over 5 years.
Is SLRC a good diversifier for GIFT?
Reasonably. At 0.28, GIFT and SLRC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.28 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/gift-vs-slrc.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/gift-vs-slrc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GIFT correlations · SLRC correlations
