GROW vs TSQ: Correlation
Measured on weekly returns over the past three years, U.S. Global Investors, Inc. (GROW) and Townsquare Media, Inc. (TSQ) carry a correlation of 0.44, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GROW and TSQ?
Over the past 3 years, GROW and TSQ moved with a correlation of 0.44, which is moderate. Little has changed lately, as the 1-year reading of 0.51 lands near the 3-year figure. Over 5 years the correlation is 0.31, and the annualized covariance of weekly returns is 525.3 %².
TSQ is one of the assets that tracks GROW most closely: it ranks #2 out of the 11 assets we track against GROW. Correlation aside, the last 12 months split them widely, with GROW ahead by 48.3 points (+42.9% versus -5.4%).
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.
GROW vs TSQ: side by side
| GROW (U.S. Global Investors, Inc.) | TSQ (Townsquare Media, Inc.) | |
|---|---|---|
| 1-year return | +42.9% | -5.4% |
| 5-year return | -37.2% | -37.3% |
| Volatility (ann.) | 28.4% | 41.8% |
| Beta vs S&P 500 | 0.57 | 1.17 |
| Max drawdown (3Y) | -32.2% | -61.7% |
| Market cap | – | $0.1B |
| P/E (trailing) | 13.4 | – |
| Dividend yield | 2.69% | 13.68% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GROW | TSQ |
|---|---|---|
| 2022 | -32.6% | -45.6% |
| 2023 | +0.9% | +57.3% |
| 2024 | -10.2% | -9.3% |
| 2025 | +2.9% | -37.4% |
| 2026 | +42.2% | +24.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GROW and TSQ good diversifiers for each other?
Reasonably. At 0.44, GROW and TSQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between GROW and TSQ?
The GROW/TSQ correlation stands at 0.44 on a 3-year window (1 year: 0.51, 5 years: 0.31), computed from weekly returns as of 2026-08-27.
Is TSQ a good diversifier for GROW?
Reasonably. At 0.44, GROW and TSQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.44 mean?
A reading of 0.44 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/grow-vs-tsq.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/grow-vs-tsq/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GROW correlations · TSQ correlations
