BETR vs GXO: Correlation
Measured on weekly returns over the past three years, Better Home & Finance Holding Company (BETR) and GXO Logistics, Inc. (GXO) carry a correlation of 0.37, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BETR and GXO?
Across a 3-year window, the weekly returns of BETR and GXO correlate at 0.37, moderate. Little has changed lately, as the 1-year reading of 0.46 lands near the 3-year figure. Stretching to 5 years gives 0.13, with an annualized covariance of 1402.2 %².
GXO is one of the assets that tracks BETR most closely: it ranks #2 out of the 12 assets we track against BETR. Correlation aside, the last 12 months split them widely, with GXO ahead by 21.4 points (-31.5% versus -10.1%). Risk is not evenly split, since BETR carries 2.7 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.
BETR vs GXO: side by side
| BETR (Better Home & Finance Holding Company) | GXO (GXO Logistics, Inc.) | |
|---|---|---|
| 1-year return | -31.5% | -10.1% |
| 5-year return | -97.1% | -43.5% |
| Volatility (ann.) | 101.5% | 37.5% |
| Beta vs S&P 500 | 1.13 | 1.06 |
| Max drawdown (3Y) | -86.5% | -51.6% |
| Market cap | $0.3B | $5.5B |
| P/E (trailing) | – | 42.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BETR | GXO |
|---|---|---|
| 2022 | +1.9% | -53.0% |
| 2023 | -91.9% | +43.3% |
| 2024 | -78.2% | -28.9% |
| 2025 | +265.2% | +21.0% |
| 2026 | -55.2% | -8.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BETR and GXO good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BETR and GXO?
As of 2026-08-27, the correlation of weekly returns between BETR and GXO is 0.37 over 3 years, 0.46 over 1 year and 0.13 over 5 years.
Is GXO a good diversifier for BETR?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.37 mean?
On the −1 to +1 scale, 0.37 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/betr-vs-gxo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/betr-vs-gxo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BETR correlations · GXO correlations
