DRCT vs XLO: Correlation
How closely do Direct Digital Holdings, Inc. (DRCT) and Xilio Therapeutics, Inc. (XLO) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DRCT and XLO?
On 3 years of weekly data the DRCT/XLO correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.03) runs above the 3-year figure (-0.22). The 5-year figure is -0.16, and annualized covariance runs at -5509.6 %².
XLO is close to the least connected end of DRCT's tracked universe, ranking #14 of 15. The last year tells two different stories: XLO led by 91.6 percentage points, -97.6% for DRCT against -6.0% for XLO. One caveat on sizing: DRCT is 2.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
DRCT vs XLO: side by side
| DRCT (Direct Digital Holdings, Inc.) | XLO (Xilio Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -97.6% | -6.0% |
| 5-year return | -99.7% | -96.0% |
| Volatility (ann.) | 263.7% | 96.4% |
| Beta vs S&P 500 | 1.38 | -0.07 |
| Max drawdown (3Y) | -100.0% | -82.8% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DRCT | XLO |
|---|---|---|
| 2022 | – | -83.2% |
| 2023 | +513.6% | -79.6% |
| 2024 | -89.3% | +73.6% |
| 2025 | -96.0% | -33.0% |
| 2026 | -83.6% | +0.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DRCT and XLO 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 DRCT and XLO?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with 0.03 over the last year and -0.16 over 5 years.
Is XLO a good diversifier for DRCT?
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/drct-vs-xlo.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/drct-vs-xlo/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DRCT correlations · XLO correlations
