SAIH vs UPXI: Correlation
Measured on weekly returns over the past three years, SAIHEAT Limited - Class A (SAIH) and Upexi, Inc. (UPXI) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SAIH and UPXI?
Over the past 3 years, SAIH and UPXI moved with a correlation of 0.47, which is moderate. Little has changed lately, as the 1-year reading of 0.42 lands near the 3-year figure. Over 5 years the correlation is 0.24, and the annualized covariance of weekly returns is 19514.8 %².
In SAIH's tracked universe of 11 assets, UPXI sits right near the top at #2. Their recent paths diverged sharply: over the last 12 months SAIH outperformed by 372.4 percentage points (+286.5% for SAIH against -85.9% for UPXI). Note the risk asymmetry: UPXI runs 3.2 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.
SAIH vs UPXI: side by side
| SAIH (SAIHEAT Limited - Class A) | UPXI (Upexi, Inc.) | |
|---|---|---|
| 1-year return | +286.5% | -85.9% |
| 5-year return | -83.7% | -98.9% |
| Volatility (ann.) | 112.8% | 364.4% |
| Beta vs S&P 500 | 2.00 | 5.11 |
| Max drawdown (3Y) | -85.5% | -98.5% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | 2.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SAIH | UPXI |
|---|---|---|
| 2022 | -79.6% | -25.4% |
| 2023 | -40.8% | -61.3% |
| 2024 | -35.3% | -84.9% |
| 2025 | -20.3% | -52.1% |
| 2026 | +158.2% | -31.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SAIH and UPXI good diversifiers for each other?
Reasonably. At 0.47, SAIH and UPXI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between SAIH and UPXI?
Using weekly returns as of 2026-08-27: 0.47 over 3 years, with 0.42 over the last year and 0.24 over 5 years.
Is UPXI a good diversifier for SAIH?
Reasonably. At 0.47, SAIH and UPXI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.47 mean?
On the −1 to +1 scale, 0.47 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/saih-vs-upxi.json
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Hubs: SAIH correlations · UPXI correlations