GIII vs USBC: Correlation
Measured on weekly returns over the past three years, G-III Apparel Group, LTD. (GIII) and USBC, Inc. (USBC) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GIII and USBC?
On 3 years of weekly data the GIII/USBC correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.07) than the 3-year average (-0.25). The 5-year figure is -0.16, and annualized covariance runs at -1924.7 %².
USBC is close to the least connected end of GIII's tracked universe, ranking #11 of 14. Correlation aside, the last 12 months split them widely, with GIII ahead by 82.4 points (+24.7% versus -57.7%). Risk is not evenly split, since USBC carries 4.9 times the volatility of the other side.
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.
GIII vs USBC: side by side
| GIII (G-III Apparel Group, LTD.) | USBC (USBC, Inc.) | |
|---|---|---|
| 1-year return | +24.7% | -57.7% |
| 5-year return | +8.5% | -99.5% |
| Volatility (ann.) | 39.5% | 193.2% |
| Beta vs S&P 500 | 0.53 | 2.72 |
| Max drawdown (3Y) | -43.1% | -99.2% |
| Market cap | $1.4B | $0.2B |
| P/E (trailing) | 11.8 | – |
| Dividend yield | 0.60% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GIII | USBC |
|---|---|---|
| 2022 | -50.4% | -5.9% |
| 2023 | +147.8% | -68.1% |
| 2024 | -4.0% | -66.7% |
| 2025 | -10.9% | -90.7% |
| 2026 | +15.9% | -29.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GIII and USBC good diversifiers for each other?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between GIII and USBC?
Using weekly returns as of 2026-08-27: -0.25 over 3 years, with -0.07 over the last year and -0.16 over 5 years.
Is USBC a good diversifier for GIII?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.25 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/giii-vs-usbc.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/giii-vs-usbc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GIII correlations · USBC correlations
