BRCC vs XPON: Correlation
Measured on weekly returns over the past three years, BRC Inc. (BRCC) and Expion360 Inc. (XPON) carry a correlation of 0.56, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRCC and XPON?
Over the past 3 years, BRCC and XPON moved with a correlation of 0.56, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.89 versus 0.56 over 3 years. Over 5 years the correlation is 0.45, and the annualized covariance of weekly returns is 39830.7 %².
By 3-year correlation, XPON places #9 of the 20 assets tracked against BRCC. The last year tells two different stories: BRCC led by 480.5 percentage points, +420.5% for BRCC against -60.0% for XPON. One caveat on sizing: BRCC is 3.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
BRCC vs XPON: side by side
| BRCC (BRC Inc.) | XPON (Expion360 Inc.) | |
|---|---|---|
| 1-year return | +420.5% | -60.0% |
| 5-year return | -46.4% | -99.9% |
| Volatility (ann.) | 497.7% | 144.0% |
| Beta vs S&P 500 | 2.05 | 1.37 |
| Max drawdown (3Y) | -90.8% | -100.0% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BRCC | XPON |
|---|---|---|
| 2023 | -40.6% | +134.3% |
| 2024 | -12.7% | -99.6% |
| 2025 | -65.0% | -71.6% |
| 2026 | +655.0% | -2.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRCC and XPON good diversifiers for each other?
Only partially. A correlation of 0.56 means BRCC and XPON share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between BRCC and XPON?
Using weekly returns as of 2026-08-27: 0.56 over 3 years, with 0.89 over the last year and 0.45 over 5 years.
Is XPON a good diversifier for BRCC?
Only partially. A correlation of 0.56 means BRCC and XPON share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.56 mean?
On the −1 to +1 scale, 0.56 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/brcc-vs-xpon.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/brcc-vs-xpon/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BRCC correlations · XPON correlations
