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GGB correlations (Gerdau S.A.)

GGB measured against 4756 US stocks and ETFs: closest co-movers on one side, the best offsets on the other, all from weekly returns.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)

34.9%

3y weekly

Beta vs S&P 500

1.02

3y weekly

1-year return

+57.2%

price, adjusted

5-year return

+55.7%

price, adjusted

Market cap

$9.2B

latest

P/E ratio

21.4

trailing

Dividend yield

17.71%

trailing

Max drawdown

-44.2%

3y, daily closes

GGB over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with GGB

Asset		Correlation (3Y)
SID	Companhia Siderurgica Nacional S.A.	0.59
CMC	Commercial Metals Company	0.56
MT	Arcelor Mittal NY Registry Shares NEW	0.55
IWM	iShares Russell 2000 ETF	0.52
RVT	Royce Small-Cap Trust, Inc.	0.52

These are the assets whose returns had the least to do with GGB's, historically the most independent picks in our universe.

Asset		Correlation (3Y)
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	-0.41
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	-0.39
ICCM	IceCure Medical Ltd.	-0.25

Free API · no key required

$ curl https://www.pairbook.io/api/v1/symbols/ggb.json

Correlations, diversifiers, beta and volatility for GGB, plus one endpoint per pair. API documentation.