MLCI vs WVVI: Correlation
How closely do Mount Logan Capital Inc. (MLCI) and Willamette Valley Vineyards, Inc. (WVVI) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MLCI and WVVI?
Over the past 3 years, MLCI and WVVI moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.39 versus -0.22 over 3 years. Over 5 years the correlation is -0.16, and the annualized covariance of weekly returns is -517.4 %².
Out of 12 assets tracked against MLCI, WVVI lands near the bottom at #10. Correlation aside, the last 12 months split them widely, with MLCI ahead by 18.4 points (-30.2% versus -48.6%).
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.
MLCI vs WVVI: side by side
| MLCI (Mount Logan Capital Inc.) | WVVI (Willamette Valley Vineyards, Inc.) | |
|---|---|---|
| 1-year return | -30.2% | -48.6% |
| 5-year return | -55.0% | -82.5% |
| Volatility (ann.) | 54.8% | 42.6% |
| Beta vs S&P 500 | 0.45 | 0.37 |
| Max drawdown (3Y) | -68.8% | -65.4% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 4.68% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MLCI | WVVI |
|---|---|---|
| 2022 | -28.2% | -31.1% |
| 2023 | -22.3% | -10.2% |
| 2024 | -10.5% | -37.5% |
| 2025 | +125.7% | -9.0% |
| 2026 | -60.2% | -27.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MLCI and WVVI good diversifiers for each other?
Yes. With a correlation of -0.22, MLCI and WVVI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between MLCI and WVVI?
The MLCI/WVVI correlation stands at -0.22 on a 3-year window (1 year: -0.39, 5 years: -0.16), computed from weekly returns as of 2026-08-27.
Is WVVI a good diversifier for MLCI?
Yes. With a correlation of -0.22, MLCI and WVVI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 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: MLCI correlations · WVVI correlations
