JXG vs USIO: Correlation
JX Luxventure Group Inc. (JXG) and Usio, Inc. (USIO) show a moderate relationship: their 3-year correlation of weekly returns is 0.51.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JXG and USIO?
Across a 3-year window, the weekly returns of JXG and USIO correlate at 0.51, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.33 versus 0.51 over 3 years. Stretching to 5 years gives 0.37, with an annualized covariance of 5029.7 %².
By 3-year correlation, USIO places #4 of the 20 assets tracked against JXG. Their recent paths diverged sharply: over the last 12 months USIO outperformed by 124.9 percentage points (-41.8% for JXG against +83.1% for USIO). Risk is not evenly split, since JXG carries 2.8 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.
JXG vs USIO: side by side
| JXG (JX Luxventure Group Inc.) | USIO (Usio, Inc.) | |
|---|---|---|
| 1-year return | -41.8% | +83.1% |
| 5-year return | -98.5% | -54.6% |
| Volatility (ann.) | 167.5% | 58.9% |
| Beta vs S&P 500 | -0.19 | 0.35 |
| Max drawdown (3Y) | -94.0% | -59.5% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JXG | USIO |
|---|---|---|
| 2022 | -63.7% | -62.2% |
| 2023 | -83.8% | +4.2% |
| 2024 | -19.5% | -15.1% |
| 2025 | -62.6% | -6.8% |
| 2026 | +48.5% | +99.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JXG and USIO good diversifiers for each other?
Only partially. A correlation of 0.51 means JXG and USIO 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 JXG and USIO?
Using weekly returns as of 2026-08-27: 0.51 over 3 years, with 0.33 over the last year and 0.37 over 5 years.
Is USIO a good diversifier for JXG?
Only partially. A correlation of 0.51 means JXG and USIO 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?
A reading of 0.51 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: JXG correlations · USIO correlations
