CHRW vs SXTC: Correlation
C.H. Robinson (CHRW) and China SXT Pharmaceuticals, Inc. - Class A (SXTC) show a negative relationship: their 3-year correlation of weekly returns is -0.23.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHRW and SXTC?
Over the past 3 years, CHRW and SXTC moved with a correlation of -0.23, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.32 lands near the 3-year figure. Over 5 years the correlation is -0.19, and the annualized covariance of weekly returns is -57679.3 %².
Within CHRW's tracked universe of 31 assets, SXTC comes in at #22 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months CHRW outperformed by 118.3 percentage points (+19.9% for CHRW against -98.4% for SXTC). Note the risk asymmetry: SXTC runs 195.3 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.
CHRW vs SXTC: side by side
| CHRW (C.H. Robinson) | SXTC (China SXT Pharmaceuticals, Inc. - Class A) | |
|---|---|---|
| 1-year return | +19.9% | -98.4% |
| 5-year return | +86.8% | -99.9% |
| Volatility (ann.) | 35.7% | 6970.7% |
| Beta vs S&P 500 | 0.69 | 6.97 |
| Max drawdown (3Y) | -32.4% | -100.0% |
| Market cap | $17.7B | – |
| P/E (trailing) | 29.0 | – |
| Dividend yield | 1.65% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | CHRW | SXTC |
|---|---|---|
| 2022 | -13.1% | -16.6% |
| 2023 | -3.1% | -70.7% |
| 2024 | +22.9% | -87.2% |
| 2025 | +59.0% | +215.0% |
| 2026 | -5.3% | -98.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHRW and SXTC good diversifiers for each other?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CHRW and SXTC?
As of 2026-08-27, the correlation of weekly returns between CHRW and SXTC is -0.23 over 3 years, -0.32 over 1 year and -0.19 over 5 years.
Is SXTC a good diversifier for CHRW?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.23 mean?
A reading of -0.23 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/chrw-vs-sxtc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/chrw-vs-sxtc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CHRW correlations · SXTC correlations
