AEHL vs SXTC: Correlation
Antelope Enterprise Holdings Limited - Class A (AEHL) and China SXT Pharmaceuticals, Inc. - Class A (SXTC) show a very strong relationship: their 3-year correlation of weekly returns is 0.98.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AEHL and SXTC?
Over the past 3 years, AEHL and SXTC moved with a correlation of 0.98, which is very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.99 lands near the 3-year figure. Over 5 years the correlation is 0.97, and the annualized covariance of weekly returns is 8128564.3 %².
Within AEHL's tracked universe of 26 assets, SXTC comes in at #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with AEHL ahead by 24.8 points (-73.6% versus -98.4%). One caveat on sizing: SXTC is 5.8 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.
AEHL vs SXTC: side by side
| AEHL (Antelope Enterprise Holdings Limited - Class A) | SXTC (China SXT Pharmaceuticals, Inc. - Class A) | |
|---|---|---|
| 1-year return | -73.6% | -98.4% |
| 5-year return | -99.9% | -99.9% |
| Volatility (ann.) | 1193.4% | 6970.7% |
| Beta vs S&P 500 | 1.91 | 6.97 |
| Max drawdown (3Y) | -100.0% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AEHL | SXTC |
|---|---|---|
| 2022 | -62.9% | -16.6% |
| 2023 | -56.1% | -70.7% |
| 2024 | -91.1% | -87.2% |
| 2025 | -80.8% | +215.0% |
| 2026 | -52.1% | -98.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AEHL and SXTC good diversifiers for each other?
No. With a correlation of 0.98, AEHL and SXTC move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between AEHL and SXTC?
Using weekly returns as of 2026-08-27: 0.98 over 3 years, with 0.99 over the last year and 0.97 over 5 years.
Is SXTC a good diversifier for AEHL?
No. With a correlation of 0.98, AEHL and SXTC move nearly in lockstep, so holding both adds very little diversification.
What does a correlation of 0.98 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/aehl-vs-sxtc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aehl-vs-sxtc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AEHL correlations · SXTC correlations