GSIW vs OMC: Correlation
Garden Stage Limited - Class A (GSIW) and Omnicom Group (OMC) show a negative relationship: their 3-year correlation of weekly returns is -0.17.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GSIW and OMC?
Across a 3-year window, the weekly returns of GSIW and OMC correlate at -0.17, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.19) sits close to the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of -785.8 %².
Within GSIW's tracked universe of 22 assets, OMC comes in at #9 by 3-year correlation. The last year tells two different stories: OMC led by 41.0 percentage points, -24.5% for GSIW against +16.5% for OMC. One caveat on sizing: GSIW is 5.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 OMC: side by side
| GSIW (Garden Stage Limited - Class A) | OMC (Omnicom Group) | |
|---|---|---|
| 1-year return | -24.5% | +16.5% |
| 5-year return | n/a | +45.6% |
| Volatility (ann.) | 159.9% | 28.0% |
| Beta vs S&P 500 | 1.06 | 0.76 |
| Max drawdown (3Y) | -99.7% | -33.3% |
| Market cap | – | $24.1B |
| P/E (trailing) | – | 237.5 |
| Dividend yield | 0.00% | 3.53% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | GSIW | OMC |
|---|---|---|
| 2022 | – | +15.7% |
| 2023 | – | +9.6% |
| 2024 | -91.5% | +2.5% |
| 2025 | -80.6% | -2.6% |
| 2026 | -41.5% | +11.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GSIW and OMC good diversifiers for each other?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
FAQ
What is the correlation between GSIW and OMC?
The GSIW/OMC correlation stands at -0.17 on a 3-year window (1 year: -0.19, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is OMC a good diversifier for GSIW?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
What does a correlation of -0.17 mean?
On the −1 to +1 scale, -0.17 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/gsiw-vs-omc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gsiw-vs-omc/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GSIW correlations · OMC correlations
