AXIL vs OCG: Correlation
Measured on weekly returns over the past three years, AXIL Brands, Inc. (AXIL) and Oriental Culture Holding LTD (OCG) carry a correlation of -0.26, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AXIL and OCG?
Over the past 3 years, AXIL and OCG moved with a correlation of -0.26, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.43) runs below the 3-year figure (-0.26). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -3765.4 %².
Out of 12 assets tracked against AXIL, OCG lands near the bottom at #11. The last year tells two different stories: AXIL led by 102.2 percentage points, +2.3% for AXIL against -99.9% for OCG. Risk is not evenly split, since OCG carries 1.6 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.
AXIL vs OCG: side by side
| AXIL (AXIL Brands, Inc.) | OCG (Oriental Culture Holding LTD) | |
|---|---|---|
| 1-year return | +2.3% | -99.9% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 94.8% | 149.7% |
| Beta vs S&P 500 | 0.78 | 0.32 |
| Max drawdown (3Y) | -74.3% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | 18.6 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AXIL | OCG |
|---|---|---|
| 2022 | – | -90.2% |
| 2023 | – | -42.9% |
| 2024 | – | -14.0% |
| 2025 | +79.5% | -92.4% |
| 2026 | -8.5% | -97.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AXIL and OCG good diversifiers for each other?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
FAQ
What is the correlation between AXIL and OCG?
The AXIL/OCG correlation stands at -0.26 on a 3-year window (1 year: -0.43, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is OCG a good diversifier for AXIL?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
What does a correlation of -0.26 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.
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Related comparisons
Hubs: AXIL correlations · OCG correlations
