AIXC vs OXSQ: Correlation
How closely do AIxCrypto Holdings, Inc. (AIXC) and Oxford Square Capital Corp. - Closed End Fund (OXSQ) trade together? Their weekly returns over three years give a correlation of -0.17, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIXC and OXSQ?
On 3 years of weekly data the AIXC/OXSQ correlation comes out at -0.17, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.28) runs below the 3-year figure (-0.17). The 5-year figure is -0.07, and annualized covariance runs at -500.7 %².
Out of 11 assets tracked against AIXC, OXSQ lands near the bottom at #9. Correlation aside, the last 12 months split them widely, with OXSQ ahead by 32.8 points (-53.7% versus -20.9%). Note the risk asymmetry: AIXC runs 4.3 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
AIXC vs OXSQ: side by side
| AIXC (AIxCrypto Holdings, Inc.) | OXSQ (Oxford Square Capital Corp. - Closed End Fund) | |
|---|---|---|
| 1-year return | -53.7% | -20.9% |
| 5-year return | -99.9% | -29.3% |
| Volatility (ann.) | 111.5% | 26.1% |
| Beta vs S&P 500 | 1.52 | 0.39 |
| Max drawdown (3Y) | -98.8% | -46.0% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 31.11% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIXC | OXSQ |
|---|---|---|
| 2022 | -88.0% | -14.4% |
| 2023 | -57.3% | +9.2% |
| 2024 | -84.7% | -1.9% |
| 2025 | -44.4% | -13.3% |
| 2026 | -64.0% | -8.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIXC and OXSQ good diversifiers for each other?
Yes. With a correlation of -0.17, AIXC and OXSQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AIXC and OXSQ?
As of 2026-08-27, the correlation of weekly returns between AIXC and OXSQ is -0.17 over 3 years, -0.28 over 1 year and -0.07 over 5 years.
Is OXSQ a good diversifier for AIXC?
Yes. With a correlation of -0.17, AIXC and OXSQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.17 mean?
A reading of -0.17 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/aixc-vs-oxsq.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aixc-vs-oxsq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AIXC correlations · OXSQ correlations
