AFCG vs WIX: Correlation
How closely do Advanced Flower Capital Inc. (AFCG) and Wix.com Ltd. (WIX) trade together? Their weekly returns over three years give a correlation of 0.46, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AFCG and WIX?
Over the past 3 years, AFCG and WIX moved with a correlation of 0.46, which is moderate. The relationship has been stable: the 1-year correlation (0.48) sits close to the 3-year figure. Over 5 years the correlation is 0.42, and the annualized covariance of weekly returns is 1212.9 %².
In AFCG's tracked universe of 10 assets, WIX sits right near the top at #1. On 12-month performance AFCG holds a 10.6-point edge, -26.5% against -37.1%.
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.
AFCG vs WIX: side by side
| AFCG (Advanced Flower Capital Inc.) | WIX (Wix.com Ltd.) | |
|---|---|---|
| 1-year return | -26.5% | -37.1% |
| 5-year return | -55.2% | -61.8% |
| Volatility (ann.) | 45.5% | 58.2% |
| Beta vs S&P 500 | 1.01 | 1.22 |
| Max drawdown (3Y) | -76.9% | -83.6% |
| Market cap | $0.1B | $3.6B |
| P/E (trailing) | 18.1 | – |
| Dividend yield | 7.25% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AFCG | WIX |
|---|---|---|
| 2022 | -21.2% | -51.3% |
| 2023 | -10.5% | +60.1% |
| 2024 | +18.7% | +74.4% |
| 2025 | -61.9% | -51.6% |
| 2026 | +25.0% | -17.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AFCG and WIX good diversifiers for each other?
Reasonably. At 0.46, AFCG and WIX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AFCG and WIX?
Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.48 over the last year and 0.42 over 5 years.
Is WIX a good diversifier for AFCG?
Reasonably. At 0.46, AFCG and WIX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.46 mean?
On the −1 to +1 scale, 0.46 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/afcg-vs-wix.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/afcg-vs-wix/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AFCG correlations · WIX correlations
