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AIOS vs XRX: Correlation

AIOS Tech Inc. - Class A (AIOS) and Xerox Holdings Corporation (XRX) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.39
moderate
Correlation (1Y)
0.67
last 12 months
Correlation (5Y)
0.37
long-run
Ann. covariance
4647.5
%² · weekly, annualized

How correlated are AIOS and XRX?

On 3 years of weekly data the AIOS/XRX correlation comes out at 0.39, moderate. The link has tightened recently: the 1-year correlation (0.67) runs above the 3-year figure (0.39). The 5-year figure is 0.37, and annualized covariance runs at 4647.5 %².

Among the 14 assets we track against AIOS, XRX ranks #6 by 3-year correlation. The last year tells two different stories: XRX led by 58.6 percentage points, -78.6% for AIOS against -20.0% for XRX. Risk is not evenly split, since AIOS carries 2.0 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.

AIOS vs XRX: side by side

AIOS (AIOS Tech Inc. - Class A)XRX (Xerox Holdings Corporation)
1-year return-78.6%-20.0%
5-year return-99.1%-81.9%
Volatility (ann.)153.4%77.4%
Beta vs S&P 5001.612.12
Max drawdown (3Y)-98.1%-92.7%
Market cap$0.1B$0.4B
P/E (trailing)
Dividend yield0.00%3.36%
Sector / categoryUS ListedUS Listed
Higher yield: XRX 3.36% vs 0.00%Smaller drawdown: XRX -92.7% vs -98.1%Higher 5y return: XRX -81.9% vs -99.1%
-88%0%+11%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. AIOS · XRX

Year-by-year returns

YearAIOSXRX
2022-82.2%-31.3%
2023-29.8%+33.8%
2024+67.7%-49.8%
2025-84.1%-70.6%
2026-21.6%+28.8%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are AIOS and XRX good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between AIOS and XRX?

Using weekly returns as of 2026-08-27: 0.39 over 3 years, with 0.67 over the last year and 0.37 over 5 years.

Is XRX a good diversifier for AIOS?

Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.39 mean?

A reading of 0.39 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/aios-vs-xrx.json

AIOS vs XRX: 3-year weekly correlation 0.39AIOS vs XRX0.39

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Related comparisons

Hubs: AIOS correlations · XRX correlations