ACB vs XPL: Correlation
Measured on weekly returns over the past three years, Aurora Cannabis Inc. (ACB) and Solitario Resources Corp. (XPL) carry a correlation of 0.38, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACB and XPL?
Across a 3-year window, the weekly returns of ACB and XPL correlate at 0.38, moderate. Little has changed lately, as the 1-year reading of 0.30 lands near the 3-year figure. Stretching to 5 years gives 0.30, with an annualized covariance of 1753.4 %².
By 3-year correlation, XPL places #7 of the 15 assets tracked against ACB. Correlation aside, the last 12 months split them widely, with XPL ahead by 30.2 points (-24.8% versus +5.4%). One caveat on sizing: ACB is 2.0 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.
ACB vs XPL: side by side
| ACB (Aurora Cannabis Inc.) | XPL (Solitario Resources Corp.) | |
|---|---|---|
| 1-year return | -24.8% | +5.4% |
| 5-year return | -94.4% | +45.0% |
| Volatility (ann.) | 94.9% | 48.2% |
| Beta vs S&P 500 | 1.23 | 1.10 |
| Max drawdown (3Y) | -73.8% | -42.1% |
| Market cap | $0.3B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACB | XPL |
|---|---|---|
| 2022 | -82.9% | +24.0% |
| 2023 | -48.4% | -9.7% |
| 2024 | -10.7% | +5.4% |
| 2025 | -0.7% | +18.6% |
| 2026 | -5.0% | +16.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACB and XPL good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ACB and XPL?
The ACB/XPL correlation stands at 0.38 on a 3-year window (1 year: 0.30, 5 years: 0.30), computed from weekly returns as of 2026-08-27.
Is XPL a good diversifier for ACB?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.38 mean?
A reading of 0.38 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/acb-vs-xpl.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acb-vs-xpl/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ACB correlations · XPL correlations
