IQST vs XYZ: Correlation
Measured on weekly returns over the past three years, iQSTEL Inc. (IQST) and Block, Inc. (XYZ) carry a correlation of 0.30, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IQST and XYZ?
Across a 3-year window, the weekly returns of IQST and XYZ correlate at 0.30, moderate. Little has changed lately, as the 1-year reading of 0.39 lands near the 3-year figure. Stretching to 5 years gives 0.24, with an annualized covariance of 1247.7 %².
By 3-year correlation, XYZ places #5 of the 10 assets tracked against IQST. The last year tells two different stories: XYZ led by 92.0 percentage points, -85.1% for IQST against +6.9% for XYZ. Note the risk asymmetry: IQST runs 1.6 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.
IQST vs XYZ: side by side
| IQST (iQSTEL Inc.) | XYZ (Block, Inc.) | |
|---|---|---|
| 1-year return | -85.1% | +6.9% |
| 5-year return | -98.1% | -68.8% |
| Volatility (ann.) | 81.9% | 50.2% |
| Beta vs S&P 500 | 1.03 | 1.80 |
| Max drawdown (3Y) | -97.1% | -53.0% |
| Market cap | – | $51.0B |
| P/E (trailing) | – | 151.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | IQST | XYZ |
|---|---|---|
| 2022 | -80.1% | -61.1% |
| 2023 | -18.9% | +23.1% |
| 2024 | +100.0% | +9.9% |
| 2025 | -87.7% | -23.4% |
| 2026 | -67.2% | +30.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IQST and XYZ good diversifiers for each other?
Reasonably. At 0.30, IQST and XYZ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between IQST and XYZ?
As of 2026-08-27, the correlation of weekly returns between IQST and XYZ is 0.30 over 3 years, 0.39 over 1 year and 0.24 over 5 years.
Is XYZ a good diversifier for IQST?
Reasonably. At 0.30, IQST and XYZ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.30 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/iqst-vs-xyz.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/iqst-vs-xyz/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: IQST correlations · XYZ correlations
