ILAG vs RIOT: Correlation
Measured on weekly returns over the past three years, Intelligent Living Application Group Inc. (ILAG) and Riot Platforms, Inc. (RIOT) carry a correlation of 0.31, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ILAG and RIOT?
On 3 years of weekly data the ILAG/RIOT correlation comes out at 0.31, moderate. The relationship has been stable: the 1-year correlation (0.23) sits close to the 3-year figure. The 5-year figure is 0.23, and annualized covariance runs at 2821.5 %².
Within ILAG's tracked universe of 14 assets, RIOT comes in at #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with RIOT ahead by 95.8 points (-41.7% versus +54.1%).
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.
ILAG vs RIOT: side by side
| ILAG (Intelligent Living Application Group Inc.) | RIOT (Riot Platforms, Inc.) | |
|---|---|---|
| 1-year return | -41.7% | +54.1% |
| 5-year return | -94.7% | -44.6% |
| Volatility (ann.) | 109.3% | 82.3% |
| Beta vs S&P 500 | 0.45 | 2.40 |
| Max drawdown (3Y) | -83.0% | -66.2% |
| Market cap | – | $7.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ILAG | RIOT |
|---|---|---|
| 2022 | – | -84.8% |
| 2023 | -17.6% | +356.3% |
| 2024 | +27.0% | -34.0% |
| 2025 | -56.0% | +24.1% |
| 2026 | -19.3% | +64.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ILAG and RIOT good diversifiers for each other?
Reasonably. At 0.31, ILAG and RIOT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ILAG and RIOT?
The ILAG/RIOT correlation stands at 0.31 on a 3-year window (1 year: 0.23, 5 years: 0.23), computed from weekly returns as of 2026-08-27.
Is RIOT a good diversifier for ILAG?
Reasonably. At 0.31, ILAG and RIOT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.31 mean?
A reading of 0.31 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/ilag-vs-riot.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ilag-vs-riot/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ILAG correlations · RIOT correlations
