EXPE vs MLEC: Correlation
Measured on weekly returns over the past three years, Expedia Group (EXPE) and Moolec Science SA (MLEC) carry a correlation of -0.19, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EXPE and MLEC?
Across a 3-year window, the weekly returns of EXPE and MLEC correlate at -0.19, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.23 over 1 year against -0.19 over 3. Stretching to 5 years gives -0.15, with an annualized covariance of -839.7 %².
Among the 33 assets we track against EXPE, MLEC ranks #28 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months EXPE outperformed by 115.8 percentage points (+51.5% for EXPE against -64.3% for MLEC). Note the risk asymmetry: MLEC runs 2.4 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
EXPE vs MLEC: side by side
| EXPE (Expedia Group) | MLEC (Moolec Science SA) | |
|---|---|---|
| 1-year return | +51.5% | -64.3% |
| 5-year return | +123.9% | -99.5% |
| Volatility (ann.) | 42.7% | 104.4% |
| Beta vs S&P 500 | 1.33 | -0.21 |
| Max drawdown (3Y) | -37.4% | -99.3% |
| Market cap | $38.3B | – |
| P/E (trailing) | 21.0 | – |
| Dividend yield | 0.53% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | EXPE | MLEC |
|---|---|---|
| 2022 | -51.5% | +22.7% |
| 2023 | +73.3% | -79.7% |
| 2024 | +22.8% | -67.5% |
| 2025 | +53.3% | -96.8% |
| 2026 | +13.1% | +78.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EXPE and MLEC good diversifiers for each other?
Yes. With a correlation of -0.19, EXPE and MLEC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between EXPE and MLEC?
As of 2026-08-27, the correlation of weekly returns between EXPE and MLEC is -0.19 over 3 years, -0.23 over 1 year and -0.15 over 5 years.
Is MLEC a good diversifier for EXPE?
Yes. With a correlation of -0.19, EXPE and MLEC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.19 mean?
On the −1 to +1 scale, -0.19 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/expe-vs-mlec.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/expe-vs-mlec/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EXPE correlations · MLEC correlations
