EXOD vs PW: Correlation
Exodus Movement, Inc. (EXOD) and Power REIT (MD) (PW) show a moderate relationship: their 3-year correlation of weekly returns is 0.33.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EXOD and PW?
Over the past 3 years, EXOD and PW moved with a correlation of 0.33, which is moderate. The past 12 months show a weaker link (0.14) than the 3-year average (0.33). Over 5 years the correlation is 0.29, and the annualized covariance of weekly returns is 7962.2 %².
Few assets follow EXOD as closely as PW, which ranks #2 of 18 tracked partners. The trailing year gives PW the advantage: -65.9% versus -52.8%, a 13.1-point spread. Risk is not evenly split, since EXOD carries 1.6 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 PW: side by side
| EXOD (Exodus Movement, Inc.) | PW (Power REIT (MD)) | |
|---|---|---|
| 1-year return | -65.9% | -52.8% |
| 5-year return | -64.9% | -98.2% |
| Volatility (ann.) | 196.6% | 123.7% |
| Beta vs S&P 500 | 0.78 | 0.51 |
| Max drawdown (3Y) | -94.8% | -79.8% |
| Market cap | $0.3B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EXOD | PW |
|---|---|---|
| 2022 | -89.5% | -94.3% |
| 2023 | +12.2% | -83.5% |
| 2024 | +1233.9% | +104.6% |
| 2025 | -51.8% | -33.8% |
| 2026 | -37.2% | -12.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EXOD and PW good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between EXOD and PW?
The EXOD/PW correlation stands at 0.33 on a 3-year window (1 year: 0.14, 5 years: 0.29), computed from weekly returns as of 2026-08-27.
Is PW a good diversifier for EXOD?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.33 mean?
On the −1 to +1 scale, 0.33 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
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Related comparisons
Hubs: EXOD correlations · PW correlations
