EXOD vs O: Correlation
Exodus Movement, Inc. (EXOD) and Realty Income (O) show a negative relationship: their 3-year correlation of weekly returns is -0.17.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EXOD and O?
Across a 3-year window, the weekly returns of EXOD and O correlate at -0.17, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.09 versus -0.17 over 3 years. Stretching to 5 years gives -0.10, with an annualized covariance of -589.7 %².
By 3-year correlation, O places #9 of the 18 assets tracked against EXOD. Correlation aside, the last 12 months split them widely, with O ahead by 77.2 points (-65.9% versus +11.3%). Risk is not evenly split, since EXOD carries 11.4 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.
EXOD vs O: side by side
| EXOD (Exodus Movement, Inc.) | O (Realty Income) | |
|---|---|---|
| 1-year return | -65.9% | +11.3% |
| 5-year return | -64.9% | +14.5% |
| Volatility (ann.) | 196.6% | 17.3% |
| Beta vs S&P 500 | 0.78 | 0.21 |
| Max drawdown (3Y) | -94.8% | -19.3% |
| Market cap | $0.3B | $58.5B |
| P/E (trailing) | – | 45.4 |
| Dividend yield | 0.00% | 5.20% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | EXOD | O |
|---|---|---|
| 2022 | -89.5% | -7.4% |
| 2023 | +12.2% | -4.5% |
| 2024 | +1233.9% | -2.1% |
| 2025 | -51.8% | +12.2% |
| 2026 | -37.2% | +13.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EXOD and O good diversifiers for each other?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between EXOD and O?
Using weekly returns as of 2026-08-27: -0.17 over 3 years, with 0.09 over the last year and -0.10 over 5 years.
Is O a good diversifier for EXOD?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.17 mean?
On the −1 to +1 scale, -0.17 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/exod-vs-o.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/exod-vs-o/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: EXOD correlations · O correlations
