EYPT vs QXO: Correlation
How closely do EyePoint, Inc. (EYPT) and QXO, Inc. (QXO) trade together? Their weekly returns over three years give a correlation of 0.51, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EYPT and QXO?
On 3 years of weekly data the EYPT/QXO correlation comes out at 0.51, moderate. The past 12 months show a weaker link (0.26) than the 3-year average (0.51). The 5-year figure is 0.41, and annualized covariance runs at 9443.8 %².
Among the 21 assets we track against EYPT, QXO ranks #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QXO ahead by 27.2 points (-60.9% versus -33.7%).
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.
EYPT vs QXO: side by side
| EYPT (EyePoint, Inc.) | QXO (QXO, Inc.) | |
|---|---|---|
| 1-year return | -60.9% | -33.7% |
| 5-year return | -54.3% | -70.0% |
| Volatility (ann.) | 141.5% | 132.0% |
| Beta vs S&P 500 | 2.40 | 1.05 |
| Max drawdown (3Y) | -86.1% | -95.4% |
| Market cap | $0.4B | $14.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EYPT | QXO |
|---|---|---|
| 2022 | -71.4% | -33.8% |
| 2023 | +560.3% | +508.5% |
| 2024 | -67.8% | -86.1% |
| 2025 | +145.2% | +21.3% |
| 2026 | -74.7% | -28.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EYPT and QXO good diversifiers for each other?
Only partially. A correlation of 0.51 means EYPT and QXO share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between EYPT and QXO?
As of 2026-08-27, the correlation of weekly returns between EYPT and QXO is 0.51 over 3 years, 0.26 over 1 year and 0.41 over 5 years.
Is QXO a good diversifier for EYPT?
Only partially. A correlation of 0.51 means EYPT and QXO share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.51 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/eypt-vs-qxo.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/eypt-vs-qxo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EYPT correlations · QXO correlations
