USA vs YARW: Correlation
Liberty All-Star Equity Fund (USA) and Yarrow Bioscience, Inc. (YARW) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are USA and YARW?
Over the past 3 years, USA and YARW moved with a correlation of 0.37, which is moderate. The link has loosened recently: the 1-year correlation (0.24) runs below the 3-year figure (0.37). Over 5 years the correlation is 0.27, and the annualized covariance of weekly returns is 564.8 %².
Among the 31 assets we track against USA, YARW ranks #25 by 3-year correlation. Correlation aside, the last 12 months split them widely, with YARW ahead by 311.4 points (+1.6% versus +313.0%). Note the risk asymmetry: YARW runs 6.6 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.
USA vs YARW: side by side
| USA (Liberty All-Star Equity Fund) | YARW (Yarrow Bioscience, Inc.) | |
|---|---|---|
| 1-year return | +1.6% | +313.0% |
| 5-year return | +18.1% | -95.6% |
| Volatility (ann.) | 15.2% | 99.6% |
| Beta vs S&P 500 | 0.89 | 1.89 |
| Max drawdown (3Y) | -17.7% | -93.8% |
| Market cap | – | $0.1B |
| P/E (trailing) | 10.7 | – |
| Dividend yield | 11.19% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | USA | YARW |
|---|---|---|
| 2022 | -25.2% | -85.3% |
| 2023 | +23.2% | -13.7% |
| 2024 | +20.8% | +43.8% |
| 2025 | +0.1% | -82.7% |
| 2026 | +3.7% | +132.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are USA and YARW good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between USA and YARW?
As of 2026-08-27, the correlation of weekly returns between USA and YARW is 0.37 over 3 years, 0.24 over 1 year and 0.27 over 5 years.
Is YARW a good diversifier for USA?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.37 mean?
A reading of 0.37 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: USA correlations · YARW correlations
