SUGP vs VCIG: Correlation
SU Group Holdings Limited - Class A (SUGP) and VCI Global Limited (VCIG) show a negative relationship: their 3-year correlation of weekly returns is -0.29.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SUGP and VCIG?
Across a 3-year window, the weekly returns of SUGP and VCIG correlate at -0.29, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.56) than the 3-year average (-0.29). Stretching to 5 years gives n/a, with an annualized covariance of -33877.5 %².
Out of 11 assets tracked against SUGP, VCIG lands near the bottom at #10. Their 12-month results are close: -97.0% for SUGP against -99.8% for VCIG. One caveat on sizing: VCIG is 5.3 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.
SUGP vs VCIG: side by side
| SUGP (SU Group Holdings Limited - Class A) | VCIG (VCI Global Limited) | |
|---|---|---|
| 1-year return | -97.0% | -99.8% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 143.4% | 754.7% |
| Beta vs S&P 500 | 1.47 | 3.93 |
| Max drawdown (3Y) | -99.8% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SUGP | VCIG |
|---|---|---|
| 2024 | – | -98.4% |
| 2025 | -44.7% | -99.9% |
| 2026 | -97.1% | -91.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SUGP and VCIG good diversifiers for each other?
Yes: at -0.29, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between SUGP and VCIG?
The SUGP/VCIG correlation stands at -0.29 on a 3-year window (1 year: -0.56, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is VCIG a good diversifier for SUGP?
Yes: at -0.29, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.29 mean?
On the −1 to +1 scale, -0.29 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
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Related comparisons
Hubs: SUGP correlations · VCIG correlations
