GITS vs NVDA: Correlation
Global Interactive Technologies, Inc. (GITS) and Nvidia (NVDA) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GITS and NVDA?
Across a 3-year window, the weekly returns of GITS and NVDA correlate at -0.22, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.07) than the 3-year average (-0.22). Stretching to 5 years gives n/a, with an annualized covariance of -13495.4 %².
Within GITS's tracked universe of 35 assets, NVDA comes in at #18 by 3-year correlation. The last year tells two different stories: NVDA led by 47.8 percentage points, -22.1% for GITS against +25.7% for NVDA. Risk is not evenly split, since GITS carries 30.4 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.
GITS vs NVDA: side by side
| GITS (Global Interactive Technologies, Inc.) | NVDA (Nvidia) | |
|---|---|---|
| 1-year return | -22.1% | +25.7% |
| 5-year return | n/a | +908.3% |
| Volatility (ann.) | 1352.0% | 44.5% |
| Beta vs S&P 500 | -3.91 | 2.18 |
| Max drawdown (3Y) | -98.4% | -36.9% |
| Market cap | – | $5,505.0B |
| P/E (trailing) | – | 32.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | GITS | NVDA |
|---|---|---|
| 2022 | – | -50.3% |
| 2023 | – | +239.0% |
| 2024 | -69.5% | +171.2% |
| 2025 | +186.6% | +38.9% |
| 2026 | +154.2% | +22.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GITS and NVDA 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 GITS and NVDA?
As of 2026-08-27, the correlation of weekly returns between GITS and NVDA is -0.22 over 3 years, -0.07 over 1 year and n/a over 5 years.
Is NVDA a good diversifier for GITS?
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.
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Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gits-vs-nvda/)
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Related comparisons
Hubs: GITS correlations · NVDA correlations
