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CLX vs MOBX: Correlation

Clorox (CLX) and Mobix Labs, Inc. (MOBX) show a negative relationship: their 3-year correlation of weekly returns is -0.20.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.20
negative
Correlation (1Y)
-0.32
last 12 months
Correlation (5Y)
-0.14
long-run
Ann. covariance
-1657.1
%² · weekly, annualized

How correlated are CLX and MOBX?

Over the past 3 years, CLX and MOBX moved with a correlation of -0.20, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.32) runs below the 3-year figure (-0.20). Over 5 years the correlation is -0.14, and the annualized covariance of weekly returns is -1657.1 %².

By 3-year correlation, MOBX places #24 of the 32 assets tracked against CLX. Correlation aside, the last 12 months split them widely, with CLX ahead by 79.2 points (-8.8% versus -88.0%). Risk is not evenly split, since MOBX carries 13.7 times the volatility of the other side.

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.

CLX vs MOBX: side by side

CLX (Clorox)MOBX (Mobix Labs, Inc.)
1-year return-8.8%-88.0%
5-year return-26.0%-98.8%
Volatility (ann.)24.4%333.1%
Beta vs S&P 5000.39-0.62
Max drawdown (3Y)-46.1%-99.1%
Market cap$12.5B
P/E (trailing)21.7
Dividend yield4.77%0.00%
Sector / categoryConsumer StaplesUS Listed
Higher yield: CLX 4.77% vs 0.00%Smaller drawdown: CLX -46.1% vs -99.1%Higher 5y return: CLX -26.0% vs -98.8%
-89%0%+2%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. CLX · MOBX

Year-by-year returns

YearCLXMOBX
2022-17.0%+3.8%
2023+5.0%-60.6%
2024+17.7%-57.7%
2025-35.6%-84.3%
2026+6.5%-57.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are CLX and MOBX good diversifiers for each other?

Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between CLX and MOBX?

As of 2026-08-27, the correlation of weekly returns between CLX and MOBX is -0.20 over 3 years, -0.32 over 1 year and -0.14 over 5 years.

Is MOBX a good diversifier for CLX?

Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.20 mean?

On the −1 to +1 scale, -0.20 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

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CLX vs MOBX: 3-year weekly correlation -0.20CLX vs MOBX-0.20

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Related comparisons

Hubs: CLX correlations · MOBX correlations