CXDO vs XPER: Correlation
Crexendo, Inc. (CXDO) and Xperi Inc. (XPER) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CXDO and XPER?
Over the past 3 years, CXDO and XPER moved with a correlation of 0.42, which is moderate. The relationship has been stable: the 1-year correlation (0.44) sits close to the 3-year figure. Over 5 years the correlation is 0.30, and the annualized covariance of weekly returns is 1218.4 %².
By 3-year correlation, XPER places #5 of the 13 assets tracked against CXDO. Twelve-month performance is nearly a tie, at +2.6% for CXDO and -0.3% for XPER. Risk is not evenly split, since CXDO carries 1.5 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.
CXDO vs XPER: side by side
| CXDO (Crexendo, Inc.) | XPER (Xperi Inc.) | |
|---|---|---|
| 1-year return | +2.6% | -0.3% |
| 5-year return | +9.7% | n/a |
| Volatility (ann.) | 67.1% | 43.6% |
| Beta vs S&P 500 | 1.77 | 1.29 |
| Max drawdown (3Y) | -60.4% | -57.6% |
| Market cap | $0.2B | $0.3B |
| P/E (trailing) | 49.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CXDO | XPER |
|---|---|---|
| 2022 | -61.7% | – |
| 2023 | +156.1% | +28.0% |
| 2024 | +7.8% | -6.8% |
| 2025 | +23.7% | -42.9% |
| 2026 | -0.8% | +3.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CXDO and XPER good diversifiers for each other?
Reasonably. At 0.42, CXDO and XPER keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CXDO and XPER?
As of 2026-08-27, the correlation of weekly returns between CXDO and XPER is 0.42 over 3 years, 0.44 over 1 year and 0.30 over 5 years.
Is XPER a good diversifier for CXDO?
Reasonably. At 0.42, CXDO and XPER keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.42 mean?
On the −1 to +1 scale, 0.42 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/cxdo-vs-xper.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cxdo-vs-xper/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CXDO correlations · XPER correlations
