GSIW vs KVUE: Correlation
Measured on weekly returns over the past three years, Garden Stage Limited - Class A (GSIW) and Kenvue (KVUE) carry a correlation of -0.23, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GSIW and KVUE?
On 3 years of weekly data the GSIW/KVUE correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.05) than the 3-year average (-0.23). The 5-year figure is n/a, and annualized covariance runs at -982.6 %².
Among the 22 assets we track against GSIW, KVUE ranks #17 by 3-year correlation. Correlation aside, the last 12 months split them widely, with KVUE ahead by 21.5 points (-24.5% versus -3.0%). Note the risk asymmetry: GSIW runs 5.9 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.
GSIW vs KVUE: side by side
| GSIW (Garden Stage Limited - Class A) | KVUE (Kenvue) | |
|---|---|---|
| 1-year return | -24.5% | -3.0% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 159.9% | 27.3% |
| Beta vs S&P 500 | 1.06 | 0.16 |
| Max drawdown (3Y) | -99.7% | -41.2% |
| Market cap | – | $36.9B |
| P/E (trailing) | – | 22.6 |
| Dividend yield | 0.00% | 4.32% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | GSIW | KVUE |
|---|---|---|
| 2024 | -91.5% | +3.1% |
| 2025 | -80.6% | -15.9% |
| 2026 | -41.5% | +15.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GSIW and KVUE good diversifiers for each other?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
FAQ
What is the correlation between GSIW and KVUE?
As of 2026-08-27, the correlation of weekly returns between GSIW and KVUE is -0.23 over 3 years, -0.05 over 1 year and n/a over 5 years.
Is KVUE a good diversifier for GSIW?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
What does a correlation of -0.23 mean?
A reading of -0.23 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/gsiw-vs-kvue.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gsiw-vs-kvue/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GSIW correlations · KVUE correlations
