CIX vs CPOP: Correlation
Measured on weekly returns over the past three years, CompX International Inc. (CIX) and Pop Culture Group Co., Ltd - Class A (CPOP) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CIX and CPOP?
Across a 3-year window, the weekly returns of CIX and CPOP correlate at -0.22, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.10 versus -0.22 over 3 years. Stretching to 5 years gives -0.16, with an annualized covariance of -1661.0 %².
CPOP is close to the least connected end of CIX's tracked universe, ranking #9 of 11. Their recent paths diverged sharply: over the last 12 months CIX outperformed by 128.7 percentage points (+31.7% for CIX against -97.0% for CPOP). Note the risk asymmetry: CPOP runs 2.2 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.
CIX vs CPOP: side by side
| CIX (CompX International Inc.) | CPOP (Pop Culture Group Co., Ltd - Class A) | |
|---|---|---|
| 1-year return | +31.7% | -97.0% |
| 5-year return | +117.2% | -99.9% |
| Volatility (ann.) | 59.7% | 129.2% |
| Beta vs S&P 500 | 0.98 | 0.69 |
| Max drawdown (3Y) | -43.9% | -99.6% |
| Market cap | $0.4B | – |
| P/E (trailing) | 18.0 | – |
| Dividend yield | 3.75% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CIX | CPOP |
|---|---|---|
| 2022 | -8.0% | -78.5% |
| 2023 | +43.6% | -86.3% |
| 2024 | +14.7% | +9.3% |
| 2025 | -3.2% | -64.1% |
| 2026 | +40.3% | -91.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CIX and CPOP good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between CIX and CPOP?
The CIX/CPOP correlation stands at -0.22 on a 3-year window (1 year: 0.10, 5 years: -0.16), computed from weekly returns as of 2026-08-27.
Is CPOP a good diversifier for CIX?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
A reading of -0.22 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/cix-vs-cpop.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cix-vs-cpop/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CIX correlations · CPOP correlations
