SCHW vs SILO: Correlation
Measured on weekly returns over the past three years, Charles Schwab Corporation (SCHW) and Silo Pharma, Inc. (SILO) carry a correlation of -0.19, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SCHW and SILO?
Over the past 3 years, SCHW and SILO moved with a correlation of -0.19, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.05) runs above the 3-year figure (-0.19). Over 5 years the correlation is -0.03, and the annualized covariance of weekly returns is -668.5 %².
Among the 27 assets we track against SCHW, SILO ranks #18 by 3-year correlation. The last year tells two different stories: SCHW led by 86.5 percentage points, +13.0% for SCHW against -73.5% for SILO. One caveat on sizing: SILO is 4.6 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.
SCHW vs SILO: side by side
| SCHW (Charles Schwab Corporation) | SILO (Silo Pharma, Inc.) | |
|---|---|---|
| 1-year return | +13.0% | -73.5% |
| 5-year return | +57.3% | -97.9% |
| Volatility (ann.) | 27.8% | 126.9% |
| Beta vs S&P 500 | 0.93 | 0.38 |
| Max drawdown (3Y) | -21.4% | -95.2% |
| Market cap | $186.9B | – |
| P/E (trailing) | 19.9 | – |
| Dividend yield | 1.08% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | SCHW | SILO |
|---|---|---|
| 2022 | +0.1% | -53.0% |
| 2023 | -16.0% | -57.1% |
| 2024 | +9.2% | -38.2% |
| 2025 | +36.6% | -61.8% |
| 2026 | +9.2% | -50.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SCHW and SILO good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between SCHW and SILO?
As of 2026-08-27, the correlation of weekly returns between SCHW and SILO is -0.19 over 3 years, 0.05 over 1 year and -0.03 over 5 years.
Is SILO a good diversifier for SCHW?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 mean?
On the −1 to +1 scale, -0.19 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.
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Related comparisons
Hubs: SCHW correlations · SILO correlations
