BX vs MLGO: Correlation
Measured on weekly returns over the past three years, Blackstone Inc. (BX) and MicroAlgo, Inc. (MLGO) carry a correlation of -0.14, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BX and MLGO?
Across a 3-year window, the weekly returns of BX and MLGO correlate at -0.14, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.43 versus -0.14 over 3 years. Stretching to 5 years gives -0.08, with an annualized covariance of -2328.9 %².
Within BX's tracked universe of 35 assets, MLGO comes in at #28 by 3-year correlation. Correlation aside, the last 12 months split them widely, with BX ahead by 40.0 points (-12.9% versus -52.9%). Note the risk asymmetry: MLGO runs 14.4 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.
BX vs MLGO: side by side
| BX (Blackstone Inc.) | MLGO (MicroAlgo, Inc.) | |
|---|---|---|
| 1-year return | -12.9% | -52.9% |
| 5-year return | +37.5% | -100.0% |
| Volatility (ann.) | 34.0% | 489.7% |
| Beta vs S&P 500 | 1.36 | -2.77 |
| Max drawdown (3Y) | -46.5% | -100.0% |
| Market cap | $171.7B | – |
| P/E (trailing) | 32.1 | 1.9 |
| Dividend yield | 3.65% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | BX | MLGO |
|---|---|---|
| 2022 | -40.0% | -87.6% |
| 2023 | +82.7% | -27.0% |
| 2024 | +35.1% | -97.9% |
| 2025 | -7.8% | -96.1% |
| 2026 | -3.9% | -6.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BX and MLGO good diversifiers for each other?
By historical standards, yes. A correlation of -0.14 means the two rarely move for the same reasons.
FAQ
What is the correlation between BX and MLGO?
The BX/MLGO correlation stands at -0.14 on a 3-year window (1 year: 0.43, 5 years: -0.08), computed from weekly returns as of 2026-08-27.
Is MLGO a good diversifier for BX?
By historical standards, yes. A correlation of -0.14 means the two rarely move for the same reasons.
What does a correlation of -0.14 mean?
A reading of -0.14 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/bx-vs-mlgo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bx-vs-mlgo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BX correlations · MLGO correlations
