GILD vs SGLY: Correlation
Gilead Sciences (GILD) and Singularity Future Technology Ltd. (SGLY) show a negative relationship: their 3-year correlation of weekly returns is -0.20.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GILD and SGLY?
Across a 3-year window, the weekly returns of GILD and SGLY correlate at -0.20, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.30) sits close to the 3-year figure. Stretching to 5 years gives -0.15, with an annualized covariance of -716.7 %².
By 3-year correlation, SGLY places #25 of the 30 assets tracked against GILD. The last year tells two different stories: GILD led by 121.0 percentage points, +34.1% for GILD against -86.9% for SGLY. One caveat on sizing: SGLY is 6.1 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.
GILD vs SGLY: side by side
| GILD (Gilead Sciences) | SGLY (Singularity Future Technology Ltd.) | |
|---|---|---|
| 1-year return | +34.1% | -86.9% |
| 5-year return | +148.1% | -99.5% |
| Volatility (ann.) | 24.1% | 146.7% |
| Beta vs S&P 500 | 0.33 | 1.68 |
| Max drawdown (3Y) | -26.6% | -98.0% |
| Market cap | $184.6B | – |
| P/E (trailing) | – | – |
| Dividend yield | 2.17% | 0.00% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | GILD | SGLY |
|---|---|---|
| 2022 | +23.6% | -91.2% |
| 2023 | -2.0% | +28.6% |
| 2024 | +18.7% | -70.0% |
| 2025 | +36.6% | -60.5% |
| 2026 | +22.8% | -77.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GILD and SGLY good diversifiers for each other?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between GILD and SGLY?
As of 2026-08-27, the correlation of weekly returns between GILD and SGLY is -0.20 over 3 years, -0.30 over 1 year and -0.15 over 5 years.
Is SGLY a good diversifier for GILD?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.20 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/gild-vs-sgly.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gild-vs-sgly/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GILD correlations · SGLY correlations
