LODE vs QSI: Correlation
Comstock Inc. (LODE) and Quantum-Si Incorporated (QSI) show a moderate relationship: their 3-year correlation of weekly returns is 0.58.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LODE and QSI?
Over the past 3 years, LODE and QSI moved with a correlation of 0.58, which is moderate. The link has loosened recently: the 1-year correlation (0.27) runs below the 3-year figure (0.58). Over 5 years the correlation is 0.47, and the annualized covariance of weekly returns is 9238.5 %².
QSI is one of the assets that tracks LODE most closely: it ranks #2 out of the 13 assets we track against LODE. Correlation aside, the last 12 months split them widely, with LODE ahead by 76.7 points (+45.9% versus -30.8%).
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.
LODE vs QSI: side by side
| LODE (Comstock Inc.) | QSI (Quantum-Si Incorporated) | |
|---|---|---|
| 1-year return | +45.9% | -30.8% |
| 5-year return | -88.3% | -91.5% |
| Volatility (ann.) | 105.0% | 152.9% |
| Beta vs S&P 500 | 1.39 | 2.93 |
| Max drawdown (3Y) | -78.5% | -83.6% |
| Market cap | $0.3B | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LODE | QSI |
|---|---|---|
| 2022 | -78.3% | -76.7% |
| 2023 | +96.4% | +9.8% |
| 2024 | +45.5% | +34.3% |
| 2025 | -53.0% | -59.3% |
| 2026 | -5.3% | -27.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LODE and QSI good diversifiers for each other?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between LODE and QSI?
Using weekly returns as of 2026-08-27: 0.58 over 3 years, with 0.27 over the last year and 0.47 over 5 years.
Is QSI a good diversifier for LODE?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.58 mean?
On the −1 to +1 scale, 0.58 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/lode-vs-qsi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lode-vs-qsi/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LODE correlations · QSI correlations
