RIOT vs VIP: Correlation
Measured on weekly returns over the past three years, Riot Platforms, Inc. (RIOT) and Vulcan Infrastructure and Power Inc. (VIP) carry a correlation of 0.50, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RIOT and VIP?
Over the past 3 years, RIOT and VIP moved with a correlation of 0.50, which is moderate. Little has changed lately, as the 1-year reading of 0.48 lands near the 3-year figure. Over 5 years the correlation is 0.55, and the annualized covariance of weekly returns is 4554.2 %².
By 3-year correlation, VIP places #12 of the 21 assets tracked against RIOT. Their recent paths diverged sharply: over the last 12 months RIOT outperformed by 17.5 percentage points (+54.1% for RIOT against +36.6% for VIP).
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.
RIOT vs VIP: side by side
| RIOT (Riot Platforms, Inc.) | VIP (Vulcan Infrastructure and Power Inc.) | |
|---|---|---|
| 1-year return | +54.1% | +36.6% |
| 5-year return | -44.6% | -99.9% |
| Volatility (ann.) | 82.3% | 110.7% |
| Beta vs S&P 500 | 2.40 | 1.74 |
| Max drawdown (3Y) | -66.2% | -92.8% |
| Market cap | $7.8B | – |
| P/E (trailing) | – | 14.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RIOT | VIP |
|---|---|---|
| 2022 | -84.8% | -98.2% |
| 2023 | +356.3% | +131.4% |
| 2024 | -34.0% | -76.9% |
| 2025 | +24.1% | -4.5% |
| 2026 | +64.8% | +20.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RIOT and VIP good diversifiers for each other?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between RIOT and VIP?
As of 2026-08-27, the correlation of weekly returns between RIOT and VIP is 0.50 over 3 years, 0.48 over 1 year and 0.55 over 5 years.
Is VIP a good diversifier for RIOT?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.50 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
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Related comparisons
Hubs: RIOT correlations · VIP correlations
