CSGP vs XWEL: Correlation
Measured on weekly returns over the past three years, CoStar Group (CSGP) and XWELL, Inc. (XWEL) carry a correlation of -0.17, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CSGP and XWEL?
Across a 3-year window, the weekly returns of CSGP and XWEL correlate at -0.17, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.27) sits close to the 3-year figure. Stretching to 5 years gives -0.09, with an annualized covariance of -1172.9 %².
By 3-year correlation, XWEL places #29 of the 34 assets tracked against CSGP. Correlation aside, the last 12 months split them widely, with XWEL ahead by 57.5 points (-65.0% versus -7.5%). Risk is not evenly split, since XWEL carries 5.2 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.
CSGP vs XWEL: side by side
| CSGP (CoStar Group) | XWEL (XWELL, Inc.) | |
|---|---|---|
| 1-year return | -65.0% | -7.5% |
| 5-year return | -62.7% | -97.2% |
| Volatility (ann.) | 36.5% | 188.4% |
| Beta vs S&P 500 | 0.86 | 0.41 |
| Max drawdown (3Y) | -72.2% | -92.8% |
| Market cap | $12.7B | – |
| P/E (trailing) | 174.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | CSGP | XWEL |
|---|---|---|
| 2022 | -2.2% | -82.2% |
| 2023 | +13.1% | -75.8% |
| 2024 | -18.1% | -13.2% |
| 2025 | -6.1% | -69.5% |
| 2026 | -53.4% | +115.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CSGP and XWEL good diversifiers for each other?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
FAQ
What is the correlation between CSGP and XWEL?
Using weekly returns as of 2026-08-27: -0.17 over 3 years, with -0.27 over the last year and -0.09 over 5 years.
Is XWEL a good diversifier for CSGP?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
What does a correlation of -0.17 mean?
A reading of -0.17 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/csgp-vs-xwel.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/csgp-vs-xwel/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CSGP correlations · XWEL correlations
