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DXLG vs MC: Correlation

Measured on weekly returns over the past three years, Destination XL Group, Inc. (DXLG) and Moelis & Company (MC) carry a correlation of 0.39, a moderate link.

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

Correlation (3Y)
0.39
moderate
Correlation (1Y)
0.37
last 12 months
Correlation (5Y)
0.32
long-run
Ann. covariance
836.1
%² · weekly, annualized

How correlated are DXLG and MC?

Across a 3-year window, the weekly returns of DXLG and MC correlate at 0.39, moderate. Recent behaviour matches the longer record: 0.37 over 1 year against 0.39 over 3. Stretching to 5 years gives 0.32, with an annualized covariance of 836.1 %².

MC is one of the assets that tracks DXLG most closely: it ranks #3 out of the 10 assets we track against DXLG. Their recent paths diverged sharply: over the last 12 months MC outperformed by 51.1 percentage points (-52.6% for DXLG against -1.5% for MC). One caveat on sizing: DXLG is 1.7 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.

DXLG vs MC: side by side

DXLG (Destination XL Group, Inc.)MC (Moelis & Company)
1-year return-52.6%-1.5%
5-year return-88.2%+42.5%
Volatility (ann.)60.4%35.1%
Beta vs S&P 5001.311.41
Max drawdown (3Y)-90.8%-39.3%
Market cap$5.1B
P/E (trailing)23.4
Dividend yield0.00%3.87%
Sector / categoryUS ListedUS Listed
Higher yield: MC 3.87% vs 0.00%Smaller drawdown: MC -39.3% vs -90.8%Higher 5y return: MC +42.5% vs -88.2%
-61%0%+20%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). DXLG · MC

Year-by-year returns

YearDXLGMC
2022+18.8%-35.2%
2023-34.8%+54.9%
2024-38.9%+37.1%
2025-65.8%-3.1%
2026-32.5%+2.9%

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

Are DXLG and MC good diversifiers for each other?

A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between DXLG and MC?

As of 2026-08-27, the correlation of weekly returns between DXLG and MC is 0.39 over 3 years, 0.37 over 1 year and 0.32 over 5 years.

Is MC a good diversifier for DXLG?

A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.39 mean?

A reading of 0.39 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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DXLG vs MC: 3-year weekly correlation 0.39DXLG vs MC0.39

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Related comparisons

Hubs: DXLG correlations · MC correlations