CDTG vs XTIA: Correlation
CDT Environmental Technology Investment Holdings Limited (CDTG) and XTI Aerospace, Inc. (XTIA) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CDTG and XTIA?
Over the past 3 years, CDTG and XTIA moved with a correlation of 0.40, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.25 versus 0.40 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 8220.2 %².
In CDTG's tracked universe of 34 assets, XTIA sits right near the top at #2. The last year tells two different stories: XTIA led by 67.6 percentage points, -92.6% for CDTG against -25.0% for XTIA.
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.
CDTG vs XTIA: side by side
| CDTG (CDT Environmental Technology Investment Holdings Limited) | XTIA (XTI Aerospace, Inc.) | |
|---|---|---|
| 1-year return | -92.6% | -25.0% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 160.6% | 127.5% |
| Beta vs S&P 500 | 0.42 | 0.29 |
| Max drawdown (3Y) | -99.2% | -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 | CDTG | XTIA |
|---|---|---|
| 2022 | – | -96.2% |
| 2023 | – | -96.7% |
| 2024 | – | -99.2% |
| 2025 | -92.2% | -88.5% |
| 2026 | -87.0% | +11.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CDTG and XTIA good diversifiers for each other?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CDTG and XTIA?
As of 2026-08-27, the correlation of weekly returns between CDTG and XTIA is 0.40 over 3 years, 0.25 over 1 year and n/a over 5 years.
Is XTIA a good diversifier for CDTG?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.40 mean?
On the −1 to +1 scale, 0.40 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/cdtg-vs-xtia.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cdtg-vs-xtia/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CDTG correlations · XTIA correlations
