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
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 500 | 1.31 | 1.41 |
| Max drawdown (3Y) | -90.8% | -39.3% |
| Market cap | – | $5.1B |
| P/E (trailing) | – | 23.4 |
| Dividend yield | 0.00% | 3.87% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DXLG | MC |
|---|---|---|
| 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dxlg-vs-mc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dxlg-vs-mc/)
No key needed, free to use. Full endpoint list in the API documentation.
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Hubs: DXLG correlations · MC correlations