GIS vs NVDA: Correlation
Measured on weekly returns over the past three years, General Mills (GIS) and Nvidia (NVDA) carry a correlation of -0.27, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GIS and NVDA?
Across a 3-year window, the weekly returns of GIS and NVDA correlate at -0.27, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.24 over 1 year against -0.27 over 3. Stretching to 5 years gives -0.20, with an annualized covariance of -250.5 %².
Within GIS's tracked universe of 38 assets, NVDA comes in at #33 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months NVDA outperformed by 38.5 percentage points (-12.8% for GIS against +25.7% for NVDA). Across three years, the rolling one-year figure varied moderately, from -0.46 to -0.12. Note the risk asymmetry: NVDA runs 2.2 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.
GIS vs NVDA: side by side
| GIS (General Mills) | NVDA (Nvidia) | |
|---|---|---|
| 1-year return | -12.8% | +25.7% |
| 5-year return | -14.6% | +908.3% |
| Volatility (ann.) | 20.6% | 44.5% |
| Beta vs S&P 500 | -0.05 | 2.18 |
| Max drawdown (3Y) | -53.4% | -36.9% |
| Market cap | $21.6B | $5,505.0B |
| P/E (trailing) | – | 32.2 |
| Dividend yield | 6.09% | 0.00% |
| Sector / category | Consumer Staples | Information Technology |
Year-by-year returns
| Year | GIS | NVDA |
|---|---|---|
| 2022 | +28.1% | -50.3% |
| 2023 | -20.0% | +239.0% |
| 2024 | +1.4% | +171.2% |
| 2025 | -23.7% | +38.9% |
| 2026 | -8.8% | +22.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GIS and NVDA good diversifiers for each other?
Yes. With a correlation of -0.27, GIS and NVDA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between GIS and NVDA?
As of 2026-08-27, the correlation of weekly returns between GIS and NVDA is -0.27 over 3 years, -0.24 over 1 year and -0.20 over 5 years.
Is NVDA a good diversifier for GIS?
Yes. With a correlation of -0.27, GIS and NVDA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.27 mean?
On the −1 to +1 scale, -0.27 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gis-vs-nvda.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gis-vs-nvda/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GIS correlations · NVDA correlations
