JXG vs REG: Correlation
JX Luxventure Group Inc. (JXG) and Regency Centers (REG) show a negative relationship: their 3-year correlation of weekly returns is -0.19.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JXG and REG?
Over the past 3 years, JXG and REG moved with a correlation of -0.19, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.13 over 1 year against -0.19 over 3. Over 5 years the correlation is -0.07, and the annualized covariance of weekly returns is -554.0 %².
Within JXG's tracked universe of 20 assets, REG comes in at #10 by 3-year correlation. The last year tells two different stories: REG led by 50.2 percentage points, -41.8% for JXG against +8.4% for REG. Note the risk asymmetry: JXG runs 9.4 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.
JXG vs REG: side by side
| JXG (JX Luxventure Group Inc.) | REG (Regency Centers) | |
|---|---|---|
| 1-year return | -41.8% | +8.4% |
| 5-year return | -98.5% | +35.2% |
| Volatility (ann.) | 167.5% | 17.8% |
| Beta vs S&P 500 | -0.19 | 0.34 |
| Max drawdown (3Y) | -94.0% | -15.1% |
| Market cap | $0.1B | $14.1B |
| P/E (trailing) | – | 25.5 |
| Dividend yield | 0.00% | 3.89% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | JXG | REG |
|---|---|---|
| 2022 | -63.7% | -13.6% |
| 2023 | -83.8% | +11.9% |
| 2024 | -19.5% | +14.9% |
| 2025 | -62.6% | -2.8% |
| 2026 | +48.5% | +11.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JXG and REG good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between JXG and REG?
Using weekly returns as of 2026-08-27: -0.19 over 3 years, with -0.13 over the last year and -0.07 over 5 years.
Is REG a good diversifier for JXG?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 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.
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Related comparisons
Hubs: JXG correlations · REG correlations
