ACI vs XLP: Correlation
Measured on weekly returns over the past three years, Albertsons Companies, Inc. (ACI) and Consumer Staples Select Sector SPDR Fund (XLP) carry a correlation of 0.35, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACI and XLP?
Across a 3-year window, the weekly returns of ACI and XLP correlate at 0.35, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.45 versus 0.35 over 3 years. Stretching to 5 years gives 0.36, with an annualized covariance of 103.7 %².
By 3-year correlation, XLP places #4 of the 23 assets tracked against ACI. Correlation aside, the last 12 months split them widely, with XLP ahead by 43.0 points (-34.7% versus +8.3%). Risk is not evenly split, since ACI carries 2.4 times the volatility of the other side.
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.
ACI vs XLP: side by side
| ACI (Albertsons Companies, Inc.) | XLP (Consumer Staples Select Sector SPDR Fund) | |
|---|---|---|
| 1-year return | -34.7% | +8.3% |
| 5-year return | -36.3% | +34.7% |
| Volatility (ann.) | 26.9% | 11.1% |
| Beta vs S&P 500 | 0.08 | 0.23 |
| Max drawdown (3Y) | -49.1% | -9.7% |
| Market cap | $5.9B | – |
| P/E (trailing) | 76.4 | – |
| Dividend yield | 5.00% | 2.58% |
| Expense ratio | – | 0.08% |
| Assets under management | – | $14.6B |
| Sector / category | US Listed | Sector ETF |
On the fund side, XLP sits in the Consumer Defensive category at State Street Investment Management, with $14.6B under management, 35 holdings, a 0.08% expense ratio, a 2.58% trailing dividend yield.
Year-by-year returns
| Year | ACI | XLP |
|---|---|---|
| 2022 | -6.8% | -0.8% |
| 2023 | +13.4% | -0.8% |
| 2024 | -12.5% | +12.2% |
| 2025 | -10.0% | +1.5% |
| 2026 | -26.3% | +10.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACI and XLP good diversifiers for each other?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ACI and XLP?
Using weekly returns as of 2026-08-27: 0.35 over 3 years, with 0.45 over the last year and 0.36 over 5 years.
Is XLP a good diversifier for ACI?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.35 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aci-vs-xlp.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aci-vs-xlp/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ACI correlations · XLP correlations
