ABTS vs XPOF: Correlation
Measured on weekly returns over the past three years, Abits Group Inc (ABTS) and Xponential Fitness, Inc. (XPOF) carry a correlation of -0.27, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABTS and XPOF?
Across a 3-year window, the weekly returns of ABTS and XPOF correlate at -0.27, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.03) than the 3-year average (-0.27). Stretching to 5 years gives -0.22, with an annualized covariance of -16270.7 %².
By 3-year correlation, XPOF places #38 of the 48 assets tracked against ABTS. Correlation aside, the last 12 months split them widely, with XPOF ahead by 27.5 points (-64.4% versus -36.9%). Note the risk asymmetry: ABTS runs 7.8 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.
ABTS vs XPOF: side by side
| ABTS (Abits Group Inc) | XPOF (Xponential Fitness, Inc.) | |
|---|---|---|
| 1-year return | -64.4% | -36.9% |
| 5-year return | -81.7% | -52.9% |
| Volatility (ann.) | 689.2% | 88.8% |
| Beta vs S&P 500 | -4.02 | 1.31 |
| Max drawdown (3Y) | -92.1% | -81.1% |
| Market cap | – | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABTS | XPOF |
|---|---|---|
| 2022 | -84.2% | +12.2% |
| 2023 | +152.8% | -43.8% |
| 2024 | -39.6% | +4.3% |
| 2025 | +647.5% | -38.8% |
| 2026 | -73.8% | -34.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABTS and XPOF good diversifiers for each other?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
FAQ
What is the correlation between ABTS and XPOF?
Using weekly returns as of 2026-08-27: -0.27 over 3 years, with -0.03 over the last year and -0.22 over 5 years.
Is XPOF a good diversifier for ABTS?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
What does a correlation of -0.27 mean?
A reading of -0.27 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/abts-vs-xpof.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/abts-vs-xpof/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ABTS correlations · XPOF correlations
