GPGI vs HROW: Correlation
GPGI, Inc. (GPGI) and Harrow, Inc. (HROW) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GPGI and HROW?
Over the past 3 years, GPGI and HROW moved with a correlation of 0.42, which is moderate. Little has changed lately, as the 1-year reading of 0.39 lands near the 3-year figure. Over 5 years the correlation is 0.36, and the annualized covariance of weekly returns is 1697.9 %².
By 3-year correlation, HROW places #6 of the 13 assets tracked against GPGI. The last year tells two different stories: HROW led by 32.6 percentage points, -33.2% for GPGI against -0.6% for HROW.
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.
GPGI vs HROW: side by side
| GPGI (GPGI, Inc.) | HROW (Harrow, Inc.) | |
|---|---|---|
| 1-year return | -33.2% | -0.6% |
| 5-year return | +66.0% | +288.9% |
| Volatility (ann.) | 53.8% | 75.0% |
| Beta vs S&P 500 | 1.14 | 1.98 |
| Max drawdown (3Y) | -55.7% | -61.4% |
| Market cap | $3.8B | $1.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.04% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GPGI | HROW |
|---|---|---|
| 2022 | -40.2% | +70.8% |
| 2023 | +10.0% | -24.1% |
| 2024 | +197.3% | +199.6% |
| 2025 | +51.4% | +46.1% |
| 2026 | -31.2% | -21.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GPGI and HROW good diversifiers for each other?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GPGI and HROW?
Using weekly returns as of 2026-08-27: 0.42 over 3 years, with 0.39 over the last year and 0.36 over 5 years.
Is HROW a good diversifier for GPGI?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.42 mean?
On the −1 to +1 scale, 0.42 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/gpgi-vs-hrow.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gpgi-vs-hrow/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GPGI correlations · HROW correlations
